2725 Crossbridge Rd - Auto Repair FOR SALE


Lincoln, NE 68504- North Lincoln
$2,456,140 USD
303-328-2050
2725 Crossbridge Rd, Lincoln, NE for Sale
$2,456,140 USD
Auto Repair - FOR SALE
1/6
null | 5.7% Cap Rate

2725 Crossbridge Rd
Lincoln, NE 68504
North Lincoln


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Brakes Plus Operates 190+ Locations Across 7 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
  • Prime Location in North Star Crossing, a New 50-Acre Shopping Center in Development, Home to National Tenants Including Chick-fil-A and Casey's
  • Convenient Access to Interstate 80, a Major Connector for the Lincoln MSA

OVERVIEW

Founded in 1990, Brakes Plus offers brake and auto repair services, tire rotation, oil changes, transmission services, and more. Whether it's scheduled maintenance or oil changes, shocks and struts or brake repair/maintenance, Brakes Plus provides customers a service they can trust at a price they can afford. Brakes Plus now has 190 locations and growing across seven states. Lincoln, the capital city of Nebraska and the second-largest city in the state, is situated in the southeastern part of Nebraska. It serves as the county seat of Lancaster County and has a population of approximately 292,650 as of 2021. Lincoln is the economic and cultural anchor of a substantially larger metropolitan area in southeastern Nebraska, the Lincoln Metropolitan and Lincoln-Beatrice Combined Statistical Areas.

FOR SALE DETAILS

PRICE

$2,456,140 USD

PRICE/SF

$499 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus Sale-Leaseback (Mavis Guaranty)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

B2

APN/PARCEL ID

17-06-110-002-000

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.