Listed by SRS Real Estate Partners New York
$3,300,000
DriveTime
Details
APN General Commercial (C-2)
Property Type Retail
Sub Type Storefront, Car Dealership
Square Footage 7,677
Cap Rate 6%
NOI $198,000
Occupancy 100%
Tenancy Single
Brand/Tenant DriveTime
Lease Type NNN
Lease Term 15
Lease Expiration 02/28/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $430
Year Built 1973
Buildings 1
Stories 1
Acreage 2.170
Zoning General Commercial (C-2)
Parking Spaces 110 spaces
Parking Per SqFt 14.33
Investment Type Net Lease
Lease Commencement 03/01/2016
Ownership Fee Simple (Land & Building)
Retail | 6.00% CAP | 7,677 SqFt
Investment highlights
5+ Years Remaining | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Brand
Located Along Jefferson Avenue | Centralized Location | Major Nearby Shopping Centers | Strong Tenant Presence
Direct Residential Consumer Base |Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners New York
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$198,000.00
$16,500.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
C2 CommercialGeneral CommercialGeneral Commercial
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View all 255 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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