NNN Portfolio Tire & Auto repair stores
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NNN Portfolio Tire & Auto repair stores
4 Properties Offered at £1,439,925 in Multiple Locations
Investment Highlights
- Establish business
Executive Summary
Rare Opportunity! NNN Profitable Portfolio which includes 4 Separate locations. Sweat Tire Service and Repair has been a home-based owner-operated business since 1963. Part of this portfolio is a transmission shop and income producing ice machine, Flomaton location. All properties are NNN leases. He pays nothing, just collects rent. All locations are 5-year leases, all negotiable 15 years total. Just take the reins and collect your 8.2+ Cap rate. Lots of information about each location. 231 South hwy 31 Bay Minette Al
1385 S Alabama Ave Monroeville Al
122 East Nashville Ave Atmore Al
22620 US Hwy 31 Flomaton Al
Parcel numbers can be found in Site Description below
Please reach out to the Broker for details about each location.
Contact Herrington Realty today.. 251-978-9500
1385 S Alabama Ave Monroeville Al
122 East Nashville Ave Atmore Al
22620 US Hwy 31 Flomaton Al
Parcel numbers can be found in Site Description below
Please reach out to the Broker for details about each location.
Contact Herrington Realty today.. 251-978-9500
Data Room Click Here to Access
Property Facts
| Price | £1,439,925 | Status | Active |
| Price / SF | £31.65 / SF | Number of Properties | 4 |
| Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
| Net Initial Yield | 8.25% | Total Building Size | 45,500 SF |
| Sale Type | Investment NNN | Total Land Area | 3.35 AC |
| Price | £1,439,925 |
| Price / SF | £31.65 / SF |
| Sale Conditions | Portfolio Sale |
| Net Initial Yield | 8.25% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 45,500 SF |
| Total Land Area | 3.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Old Bus Station
122 E Nashville Ave, Atmore, AL 36502 |
Retail | 5,500 SF | 1969 | - |
|
Sweat Tire
231 US-31, Bay Minette, AL 36507 |
Speciality | 10,000 SF | 1978 | - |
|
Sweat tire
22620 Old 31 hwy, Flomaton, AL 36441 |
Speciality | 20,000 SF | 1980 | - |
| 1385 S Alabama Ave, Monroeville, AL 36460 | Speciality | 10,000 SF | 1970 | - |
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Renee Beasley -
Herrington Realty Ass
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NNN Portfolio Tire & Auto repair stores
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