1029 Lexington Rd - Auto Repair FOR SALE
Georgetown, KY 40324 |
1029 Lexington Rd
Georgetown, KY 40324
HIGHLIGHTS
- New 15-year NNN lease beginning 8/1/2020 (estimated start date)
- 10% rent bumps every 5 years hedge against inflation
- Two 5-year renewal options
- The site has been operating as a Fortune Auto body, which has now been acquired by Caliber Collision
- Strong barriers to entry
- E-commerce resistant product offering long term, peace of mind passive investment opportunity
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Caliber Collision
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Dealership, Freestanding, Service Station
TOTAL BUILDING SIZE
10554
STORIES
1
YEAR BUILT
2020
SPRINKLERS
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PARKING SPACES
20
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
168-10-322.000
