1821 Gallatin Pike N - Auto Dealership FOR SALE
Madison, TN 37115 |
1821 Gallatin Pike N
Madison, TN 37115
HIGHLIGHTS
- 10-Year Modified NNN Lease with 10% Increases Every 5 Years, Landlord Only Responsible for Structure Only
- Strong Corporate Guaranty (NASDAQ: LOTZ); 2021 Revenue Projected to be $110 Million
- One of the Fastest Growing Companies in the U.S., 11 Locations with Plans to Add 3-4 Locations Per Quarter for Several Years
- A Multi-State Major Regional Hub Store, 2nd Largest Location in the Company, CarLotz Invests Approximately $750,000 into Each Hub
- The Industry’s Only Consignment-to-Retail Sales Business Model, Projected to Scale Revenue by $1.5 Billion Over 3 Years
- Used Vehicle Resale Market is a Trillion-Dollar Fragmented Market, Top 100 Dealers Only Represent 6% of the Market
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
CarLotz Regional Hub Store (NASDAQ: LOTZ)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
49000
STORIES
1
YEAR BUILT
2021
SPRINKLERS
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PARKING SPACES
450
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
034-02-0-031,034-02-0-080,034-02-0-082
