Gerber Collision & Glass for Sale in Greenville, AL
Greenville, AL
Key Investment Metrics
Price
$420,000
Cap Rate
7.3%
Net Operating Income
$30,844
Building Size
5120 SF
Land Area
2.02 Acres
Remaining Term
1.1 years
Lease Expiration
06/28/2027
Lease Term
5 years
Lease Commencement
06/28/2002
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2002
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
Property overview
Gerber Collision & Glass in Greenville
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 5,120 SF
- Land area
- 2.02 acres
- Year built
- 2002
- Lease type
- NN
- Lease expiration
- 06/28/2027
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.