1402 S Jeffers St - Auto Repair FOR SALE


North Platte, NE 69101
$5,454,545 USD
513-300-0763
1402 S Jeffers St, North Platte, NE for Sale
$5,454,545 USD
Auto Repair - FOR SALE
1/2
null | 5.5% Cap Rate

1402 S Jeffers St
North Platte, NE 69101


HIGHLIGHTS

  • Long-Term NNN Lease with Attractive Rental Increases
  • Expanding Market of Aging Vehicles
  • Non-Discretionary, Essential Services with Growing Market Demand

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Les Schwab Tire Center located at 1402 S Jeffers St, North Platte, NE 69101. The site consists of roughly 12,754 rentable square feet of building space on an estimated 1.14-acre parcel of land. This Les Schwab Tire Center is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $300,000 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$5,454,545 USD

PRICE/SF

$428 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Les Schwab Tire Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

COMMERCIAL

APN/PARCEL ID

0022200.20

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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