2115 Union Blvd - Auto Repair FOR SALE


Allentown, PA 18109
$795,000 USD
646-671-8635
2115 Union Blvd, Allentown, PA for Sale
$795,000 USD
Auto Repair - FOR SALE
1/45
null | 7.64% Cap Rate

2115 Union Blvd
Allentown, PA 18109


HIGHLIGHTS

  • Heavy Traffic in growing market
  • NNN tenant responsible for taxes, insurance and CAM
  • Great single store operator

OVERVIEW

Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with two overhead doors, high ceilings and 3 lifts. AAA single store tenant in regards to on-time payments and never a bother. On of the owners is a PA licensed real estate agent.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lee Myles Transmissions and AutoCare

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,343 SF

ZONING

B-3

APN/PARCEL ID

641749044474-1

ASK ABOUT THIS PROPERTY

Robert VelezKW CommercialMore Info
646-671-8635

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Robert VelezKW CommercialMore Info
646-671-8635

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