1045 Ridge Rd - Auto Repair FOR SALE


Webster, NY 14580
$2,497,015 USD
214-692-2289
1045 Ridge Rd, Webster, NY for Sale
$2,497,015 USD
Auto Repair - FOR SALE
1/3
null | 6.5% Cap Rate

1045 Ridge Rd
Webster, NY 14580


HIGHLIGHTS

  • Brand new 2024 build-to-suit construction
  • 15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures
  • 10% rent increases every 5 years for the entire term of the lease (base + options)
  • The property qualifies for bonus depreciation (consult with a tax professional for details)
  • Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
  • Affluent demographics with an average household income of $136,783 annually (5-mile radius)

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,497,015 USD

PRICE/SF

$1,551 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

265489 079.15-1-8.009

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.