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283 S Willow St
Manchester, NH 03103

$1,624,000 USD

Auto Repair For Sale  •  2,070 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 2,070 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 6.50 %
  • Tenancy Single
0 Transit Score
85 Walk Score

Highlights

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

Property Flyers

Cap Rate: 6.50 %

Public Transportation

AirportDriveWalkDistance
Manchester Boston Regional 13 min - 4.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services