

NNN Investment - 7.00% Cap Rate
Retail | 7.00% CAP | 3,240 SqFt
Marketing description
This NNN investment property has a new 10 year lease with a regional auto glass company. Landlord has zero responsibilities under the lease. Lease contains both personal and corporate guarantees. Rent is fixed for first 5 years and has a 12% bump for years 6-10. Lease has two 5 year options to renew with the same 12% bump structure. This high-visibility 0.67-acre corner property has been extensively upgraded, including a new roof (2025) and HVAC system (2024) as part of over $300,000+ in renovations. The site features a well-maintained auto shop and a large parking lot, making it a safe investment opportunity. The site is ideal for an investor looking for long-term stability and income potential. Title, phase I and other due diligence items are available.
This property is located at a signaled corner at Deans Bridge Road and Golden Camp Road. It is a very visible location with it being a corner lot and has a high traffic count along Deans Bridge Road with very good frontage on the site. It also has nearby easy access to I-520 and Highway 78. Site has future redevelopment potential for single tenant fast food or other retail uses.
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