Investment Overview
This NNN investment property has a new 10 year lease with a regional auto glass company. Landlord has zero responsibilities under the lease. Lease contains both personal and corporate guarantees. Rent is fixed for first 5 years and has a 12% bump for years 6-10. Lease has two 5 year options to renew with the same 12% bump structure. This high-visibility 0.67-acre corner property has been extensively upgraded, including a new roof (2025) and HVAC system (2024) as part of over $300,000+ in renovations. The site features a well-maintained auto shop and a large parking lot, making it a safe investment opportunity. The site is ideal for an investor looking for long-term stability and income potential. Title, phase I and other due diligence items are available.
Investment Highlights
- New 10-year lease term
- Zero landlord responsibilities
- Newly remodeled building
- High Traffic Count Location
- Strong guarantee both corporate and personal
- Signaled Corner