1951 E Main St - Auto Repair FOR SALE
Waukesha, WI 53186 |
1951 E Main St
Waukesha, WI 53186
HIGHLIGHTS
- Bonus Depreciation – The subject property qualifies for bonus depreciation (discuss with a tax professional)
- Long-Term Lease – 20-year original lease with ±6.75 years remaining
- Early Lease Extension – Tenant extended their lease early adding an additional 8-year of lease term
- Absolute NNN Lease – Zero landlord responsibilities
- Annual Rent Increases – 1.5% annual rent escalations, providing steady income growth
- Extension Options – Four, 5-year renewal options, all of which include 1.5% annual rent increases
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
Valvoline
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
1165
STORIES
1
YEAR BUILT
1993
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
WAKC-1005-238
