3806 W Ridge Rd - Auto Repair FOR SALE


Erie, PA 16506
$650,000 USD
610-967-0538
3806 W Ridge Rd, Erie, PA for Sale
$650,000 USD
Auto Repair - FOR SALE
1/4
null | 8.42% Cap Rate

3806 W Ridge Rd
Erie, PA 16506


HIGHLIGHTS

  • Lighted Intersection
  • High traffic location
  • As per owners, this is the best performing Monro in Erie
  • Long-term leases with options and bumps

OVERVIEW

Dual tenant NNN property. Primary tenant is national Monro and secondary is Lakewood Lube. Beautiful triple-net investment with long-term tenants and excellent cap rate! Great property location with one national and one local tenant. Both business have been and continue to be very successful. Long-term leases in place with a good future outlook. Perfect property to add to your investment portfolio. Nothing to do here but collect rents! NO businesses are included in the sale. Don't let this gem of an investment slip away from you.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

8.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monro Muffler Brake & Service

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

AB2

APN/PARCEL ID

33-054-227.0-011.00

ASK ABOUT THIS PROPERTY

Jim BarbourKW CommercialMore Info
610-967-0538

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Jim BarbourKW CommercialMore Info
610-967-0538

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