Description
Automotive Center in Fountain Hills for sale. The property has a 10-year (NNN) lease in place with a current expiration date in Q1 2031. The current net operating income for 2022 is $60,000, resulting in a rate of $1.16/NNN. The lease has built-in 3% annual increases through the expiration of the lease. The tenant is responsible for real property taxes, insurance, and maintenance/repairs.
Location
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$75,000,000
13
16
40,000 Sq ft
ACTIVE
MLS# 6525456
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Listing Office: R.O.I. Properties
