Listed by Boulos Company
$4,800,000
100% Leased Investment Opportunity
Details
APN Map 8; Lot 22
Property Type Retail
Sub Type Auto Shop
Square Footage 8,064
Cap Rate 7.10%
Occupancy 100%
Tenancy Single
Year Built 2005
Acreage 1.530
Zoning Commercial Zone 2
Parking Spaces 38 spaces
Parking Per SqFt 4.71
Investment Type Stabilized
Ownership fee simple
100% Leased Investment Opportunity | 8,064 SqFt
Marketing description
537 Lafayette Road was redeveloped in 2005 for National Tire & Battery, which was rebranded as Mavis Tires & Brakes in 2023. This 1.53± acre parcel is strategically situated along Route 1, less than half a mile from Interstate 95. A center turn lane provides convenient access for vehicles making left turns into the property. The site is level and approximately 75% developed, allowing potential for future building expansion. A small block building at the rear serves as used tire storage, with ample onsite parking and vehicle circulation around the building to ensure easy movement for both cars and delivery trucks.
For more information a signed confidentiality agreement is required.
Investment highlights
- 100% Leased Investment Opportunity
- Conveniently located on Route 1 and less than ½ mile from I-95
- Potential for future building expansion
Listing Contacts
Listed by Boulos Company
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
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
