525 Kimberton Dr - Auto Dealership FOR SALE


Phoenixville, PA 19460
$2,342,894 USD
914-403-7574
525 Kimberton Dr, Phoenixville, PA for Sale
$2,342,894 USD
Auto Dealership - FOR SALE
1/2
null | 5.5% Cap Rate

525 Kimberton Dr
Phoenixville, PA 19460


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Recession Resistant Due to Non Discretionary, Nature of Services
  • Long Term Operating History

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 525 Kimberton Rd , Phoenixville, PA, 19460. The site consists of roughly 12,040 rentable square feet of building space on an estimated 2-acre parcel of land. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease, which commenced 4/15/2021. The current annual rent is $128,859 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,342,894 USD

PRICE/SF

$195 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

26-003-0145.0000

ASK ABOUT THIS PROPERTY

Matthew AnuszkiewiczNNN Pro GroupMore Info
914-403-7574

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Matthew AnuszkiewiczNNN Pro GroupMore Info
914-403-7574

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