374 Miller Ave - Auto Repair FOR SALE
Mill Valley, CA 94941 |
374 Miller Ave
Mill Valley, CA 94941
HIGHLIGHTS
- ABSOLUTE NNN LEASED OFFERING WITH JIFFY LUBE CORPORATE
- EXTREMELY UNIQUE CORE BAY AREA NET LEASED OFFERING WITH REDEVELOPMENT POTENTIAL
- RARE 2.5% ANNUAL INCREASES - ONLY 1 (5) YEAR OPTION REMAINS
- COVETED BAY AREA COMMUTER ENCLAVE WITH AVERAGE HOUSEHOLD INCOME OF $186,000
- LARGE CORPORATE GUARANTY (PENNZOIL QUAKER STATE DBA “SHELL”)
- UNDER THE TAX CUTS AND JOBS ACT (TCJA) OIL CHANGING STATIONS MAY QUALIFY FOR A 15 YEAR BONUS DEPRECIATION SCHEDULE (CONSULT YOUR CPA FOR INFO)
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Jiffy Lube Absolute NNN Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
4692
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
9
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
028-213-37
