Auto Spa: $289,000 NNN annually, 20-year lease (2022–2042) on a 1-acre pad.
Gerber (auto body): $222,000 NNN annually, lease through 2/28/2029.
Total: NNN Income: $511,000 annually.
For Lease
National Motors: 19,000 SF Available [User or Leasing]
Retail Pad Site: .55 AC
For Sale
Asking Price: $13,900,000.
Sample Mortgage Offset: At 6.5% interest, 25-year amortization, 25% down, annual debt service is approximately $845,000. Current income covers about 60% of debt service.