1052 Mineral Wells Ave - Auto Repair FOR SALE


Paris, TN 38242
$793,500 USD
731-642-5093
1052 Mineral Wells Ave, Paris, TN for Sale
$793,500 USD
Auto Repair - FOR SALE
1/5
null | Request Cap Rate

1052 Mineral Wells Ave
Paris, TN 38242


OVERVIEW

Great commercial investment opportunity! DBA Valvoline Instant Oil Change. The property is being offered for sale subject to the current lease and tenants rights. There is a remainder of 14 years on the current triple net lease. The current gross annual income is $39,684.00. Annual rents increase every 5 years at a rate of 5% for the remainder of the lease term.

FOR SALE DETAILS

PRICE

$793,500 USD

PRICE/SF

$353 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,407 SF

ZONING

B1

APN/PARCEL ID

106J-B-020.00

ASK ABOUT THIS PROPERTY

Tommy MoodyMoody RealtyMore Info
731-642-5093

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Tommy MoodyMoody RealtyMore Info
731-642-5093

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