325 Bedford St - Auto Repair FOR SALE


Fall River, MA 02720
$3,170,000 USD
332-345-4222
325 Bedford St, Fall River, MA for Sale
$3,170,000 USD
Auto Repair - FOR SALE
1/2
null | 6% Cap Rate

325 Bedford St
Fall River, MA 02720


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Strong Corporate Guarantee
  • Recession Resistant Due to Non Discretionary Nature of Services
  • Attractive Rent Increases and Renewal Options

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Town Fair Tire located at 325 Bedford St, Fall River, MA 02720. The site consists of roughly 9,180 rentable square feet of building space on an estimated 0.53-acre parcel of land. This Town Fair Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $190,200 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$3,170,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town Fair Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

CROSS STREETS

8th St

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B-L

APN/PARCEL ID

FALL-000001N-000000-000008

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.