Investment opportunity in a prime location, directly situated on U.S. Route 441, with existing tenant and NNN lease in place. The building was constructed in 1971 and contains a total of 4,000 SqFt of leasable area. The property features 840 SqFt of a reception/office, 6 automotive repair bays including an alignment bay, a restroom, and a spacious warehouse and parts storage area in the back. Large vacant parcel to the east may consider a sale for assemblage, or simply purchase the property as a buy-and-hold investment. The property is currently encumbered by a below market lease and is discounted accordingly. Tenant may consider a buy-out for an end user that needs immediate occupancy or use. The property also contains a billboard located along the western boundary which was constructed by the tenant and is leased to CBS Outdoor, Inc. An assignment of billboard lease may be negotiable. Contributory value of billboard appraised to be $54,000.
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