Listed by CENTURY 21 Reilly Realtors
$599,900
198 S Route 73
Details
Property Type Special Purpose
Sub Type Other
Square Footage 1,700
Cap Rate 6.50%
NOI $38,937
Occupancy 100%
Brand/Tenant Enterprise Rent-A-Car
Year Built 1961
Zoning C-3
Spectacular Investment!
Marketing description
Corner, Highway
Exceptional Investment Opportunity! Prime corner location at the signalized intersection of Route 73 and Taunton Avenue. Currently leased to Enterprise, providing immediate income. This high-visibility property benefits from approximately 35,000 vehicles passing daily, offering outstanding exposure and long-term value in a heavily traveled corridor. Invest now while the area continues to grow and appreciate. See documents section for additional details. Seller will escrow 1 Years rent at settlement to cover in case tenant vacates. This will provide 18 months protection.
Investment highlights
Current tenant pays taxes and utilities - NOI is 100% of monthly rental income!
Listing Contacts
Listed by CENTURY 21 Reilly Realtors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,937.00
$3,244.75/mo
Valuation Metrics
0
DSCR
6.49%
Cap Rate
6.49%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
