10 Silver St - Service FOR SALE
Greenfield, MA 01301 |
10 Silver St
Greenfield, MA 01301
HIGHLIGHTS
- At closing the tenant will execute a brand new 20-year absolute triple-net lease. The lease will have no landlord responsibilities.
- The lease will be subject to a strong corporate guarantee from Mavis Tire Express Services
- The tire services business is highly recession-resistant, during COVID-19, tire shops and maintenance centers experienced a 44% increase in revenues o
- Attractive Rent Increases | The lease will feature scheduled increases of 5.00% every 5 years, hedging against inflation.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Town Fair Tire
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1953
UTILITIES
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CLEAR CEILING HT
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DOCKS
-
DRIVE INS
12
PARKING SPACES
5
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
GREE-000107-000044
