2236 Mercantile Dr - Auto Repair FOR SALE
Eau Claire, WI 54703 |
2236 Mercantile Dr
Eau Claire, WI 54703
HIGHLIGHTS
- Investors can use 100% bonus depreciation on property improvements in year one, creating a major upfront tax shield and boosting after-tax cash flow
- Immediate cost recovery improves overall investment returns and reduces tax liability (consult accounting professional for detailed analysis)
- Over 10 years left on a 15-year NNN lease, offering stability and minimal Landlord expense responsibilities
- The lease guarantees rent growth with 10% rent bumps every five years, increases which continue through the three option periods
- The property is highly visible from US Highway 12, which is the major east-west thoroughfare serving Eau Claire
- Actively executing a strategic growth plan to double its location count within just three years, demonstrating exceptional corporate momentum
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
Grease Monkey
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station
TOTAL BUILDING SIZE
5817
STORIES
1
YEAR BUILT
1987
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
09-1626-A
