FRE Auctions - https://FRE.com/522D6
Starting Bid: $249,000, Suggested Value: $575,000
Investment Opportunity with Flexibility.
Property/Investment Highlights:
- Net leased investment opportunity with a strong tenant in place
- Current lease in place through 03/31/2028
- Corporate guaranteed lease
- Tenant has three (3) five-year options to extend the lease with 10% rental increases every five (5) years
- Recession and internet-proof tenant
- Auto Glass Now has over 268 locations throughout the US
- Freestanding industrial building totaling 4,018 SF
- Regular/Ongoing maintenance
- Hard corner location on N Grant Ave
- Infrastructure and Transportation Redevelopment
- Traffic Counts: 19,567 AADT (2023 - N. Grant Ave)
- 25 Minutes from Midland International Airport
This property is available via Online Auction with a starting bid of $249,000
Previous List Price: $575,000