Speedy Q - Net Lease Property for Sale
New Baltimore, MI
Key Investment Metrics
Price
$1,423,369
Cap Rate
6.0%
Net Operating Income
$85,402
Building Size
2424 SF
Lot Size
2,424 SF
Land Area
1.35 Acres
Lease Term
18 years
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1984
Tenancy
Single
About This Speedy Q Net Lease Property
This Speedy Q NNN (triple net lease) property is located in New Baltimore, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 2424 square feet of building space and was built in 1984.
With a cap rate of 6.0%, this Speedy Q net lease property offers stable income potential. The asking price is $1,423,369, making it an attractive option for 1031 exchange investors seeking quality Speedy Q commercial properties.
Why Invest in Speedy Q NNN Properties?
- Stable Income: Speedy Q net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Speedy Q 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.
New Baltimore, MI Market Overview
Located in New Baltimore, MI, this Speedy Q property benefits from strong local demographics and market fundamentals. The New Baltimore area offers excellent visibility and accessibility, making it an ideal location for Speedy Q operations and a solid investment for net lease property buyers.