1607 W Wernsing Ave - Auto Repair FOR SALE


Effingham, IL 62401
$1,543,445 USD
248-351-2005
1607 W Wernsing Ave, Effingham, IL for Sale
$1,543,445 USD
Auto Repair - FOR SALE
1/10
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1607 W Wernsing Ave
Effingham, IL 62401


OVERVIEW

Addison Williams from CBRE is pleased to offer for sale a dark single tenant net leased FleetPride Service Center, the nation’s largest independent distributor of heavy-duty truck and trailer parts. Situated just off the busy US-40, FleetPride has over 8 years of lease term remaining. The lease contains 2.25% annual rental escalations. The lease is on a NN+ basis, whereby Landlord has zero responsibilities aside from the repair and replacement of the structural elements of the building. FleetPride, Inc. (Tenant) currently operates 300+ locations, including 85+ services centers, with locations in 47 states across the country.

FOR SALE DETAILS

PRICE

$1,543,445 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Service King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

3.82 AC

LAND SF

166,399 SF

ZONING

Commercial

APN/PARCEL ID

0311030032

ASK ABOUT THIS PROPERTY

248-351-2005

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248-351-2005

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