Auto Repair For Sale • 2,070 SF
Long-Term Lease and Recent Extension – Tenant exercised their option early, demonstrating commitment to the location and providing security of income. |
Absolute NNN – Zero landlord responsibilities. |
Strong Guaranty – MC, LLC is a top Jiffy Lube operator with 100+ locations nationally. |
Rent Increases – 10% increases every 5 years provide effective hedge against inflation. |
Corner Positioning – Dual access from S Willow St. and Alpheus St. |
Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule. **Consult your tax or accounting professional |
Cap Rate: | 6.50 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Manchester Boston Regional | 13 min | - | 4.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 16 |
Type: | Surface |
Included in Rent: | Yes |