453 Main St - Auto Repair FOR SALE


Ramona, CA 92065
$1,553,000 USD
858-775-5335
453 Main St, Ramona, CA for Sale
$1,553,000 USD
Auto Repair - FOR SALE
1/15
null | 8.5% Cap Rate

453 Main St
Ramona, CA 92065


HIGHLIGHTS

  • 453 Main Street is home to MDS Diesel Services Inc., an auto repair facility and business that has been in operation for seven years.
  • Located in the San Diego Market in the mountainous suburb of Ramona, California.
  • This presents a stabilized, hands-off investment opportunity to acquire a NNN leased property with the tenant’s most recent renewal through Q3 2027.
  • MDS Diesel Services Inc. pays all operating expenses and has 3% annual rent increases.
  • Future reuse/ development of the property is feasible, as Center District (RMV5) zoning allows multifamily or mixed-use operations.

OVERVIEW

Single Tenant NNN - Lease Investment through 09/30/2027

FOR SALE DETAILS

PRICE

$1,553,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auto Repair Facility | NNN Tenant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

RMV5

APN/PARCEL ID

281-401-06,281-401-07,281-401-08,281-401-14

ASK ABOUT THIS PROPERTY

David HarperColliersMore Info
858-775-5335

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David HarperColliersMore Info
858-775-5335

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