45223 23rd St W - Auto Dealership FOR SALE


Lancaster, CA 93536
$2,200,000 USD
805-709-4828
45223 23rd St W, Lancaster, CA for Sale
$2,200,000 USD
Auto Dealership - FOR SALE
1/32
null | 5.8% Cap Rate

45223 23rd St W
Lancaster, CA 93536


OVERVIEW

Don't miss out on this fantastic investment property in Lancaster. It is an established John Deere tractor dealership, with a new 5 year NNN lease.(Real Estate sale only, business is not for sale) The seller has spared no expense updating the facility, with new HVAC condensers, roof repair and much more. This is a low headache investment property, with annual rent increases of 2.5% annually, with a cap rate of 5.8%.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

undefined, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

69,029 SF

ZONING

M120000

APN/PARCEL ID

3114-014-015

ASK ABOUT THIS PROPERTY

Jim Kelsey CCIMCentury 21 MastersMore Info
805-709-4828

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Jim Kelsey CCIMCentury 21 MastersMore Info
805-709-4828

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