18300 Conneaut Lake Rd - Auto Repair FOR SALE
Meadville, PA 16335 |
$1,925,926 USD
424-220-7244
18300 Conneaut Lake Rd
Meadville, PA 16335
HIGHLIGHTS
- 15-Year Absolute NNN Lease with 10% Rent Increases Every 5-Years
- Brand New Construction – Take 5 Oil Change 3-Bay Prototype
- Fee Simple Ownership of Land and Building allows for Accelerated Depreciation *consult CPA
- ±20,500 Vehicles Per Day on Conneaut Lake Rd
- ±40,831 People within a 10-Mile Radius of the Property
- $89,720 Average Household Income in a 5-Mile Radius
FOR SALE DETAILS
PRICE
$1,925,926 USD
PRICE/SF
$1,106 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TAKE 5 OIL CHANGE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,156 SF
ZONING
-
APN/PARCEL ID
65-0-052206
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424-220-7244
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424-220-7244
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