Gerber Collision - NNN Net Lease Property for Sale
Schenectady, NY
Key Investment Metrics
Price
$2,065,000
Cap Rate
6.1%
Net Operating Income
$125,939
Building Size
2502 SF
Lot Size
5,978 SF
Land Area
1.01 Acres
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
5% x 5 Years
About This Gerber Collision Net Lease Property
This Gerber Collision NNN (triple net lease) property is located in Schenectady, NY and represents an excellent investment opportunity for commercial real estate investors. The property features 2502 square feet of building space and was built in 2024.
With a cap rate of 6.1%, this Gerber Collision net lease property offers stable income potential. The asking price is $2,065,000, making it an attractive option for 1031 exchange investors seeking quality Gerber Collision commercial properties.
Why Invest in Gerber Collision NNN Properties?
- Stable Income: Gerber Collision net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Gerber Collision is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Schenectady, NY Market Overview
Located in Schenectady, NY, this Gerber Collision property benefits from strong local demographics and market fundamentals. The Schenectady area offers excellent visibility and accessibility, making it an ideal location for Gerber Collision operations and a solid investment for net lease property buyers.