OFFERING SUMMARY:

PRICE: $1,080,000
CAP RATE: 7.00%
NOI: $75,600
BUILDING SIZE: 26,677 Sq Ft
YEAR BUILT | RENOVATED: 1970 | 2020
LOT SIZE: +/- 1.40 Acres

DOWNLOAD DOCUMENT:

HIGHLIGHTS:

  • Leading Collision Repair Provider
  • Early Lease Extension – Showing commitment to the site, Gerber exercised an early 5-year option to extend. Gerber now has 10+ years of term remaining, with their lease now running through 2034.
  • New Roof with 20-Year, Transferrable Warranty
  • 78% Below Market Rents and Priced Below Replacement Cost
  • Strong Retail and Automotive Presence

EXCLUSIVELY LISTED BY:

DOMINIC SULO
Senior Managing Director Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com

DREW ANTONIOU
Senior Associate
(630) 570-2185
drew.antoniou@marcusmillichap.com

NEW YORK BOR
John Horowitz
Lic #10311204479