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Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair Midas Auto Repair

Property Overview

Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,085
Date Available 05/23/2019
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Description

Location
The property is conveniently located on East Joppa Road between I-695 exits "Loch Raven Blvd" and "Perring Parkway". This auto-based retail corridor features many auto parts & service businesses, title and tag companies, and a MVA Express. East Joppa road is a highly trafficked corridor that sees annual average daily traffic counts of 33,222 vehicles.

Sale
1772 East Joppa Road presents the opportunity to purchase current Midas Auto Repair Store & Garage in a prime auto-based retail corridor in Baltimore County. Business owner operates/owns multiple Midas Stores in Maryland. New 15-year lease signed on 1/24/19, NNN. Increases = 5% bump after year-5, 10% bump after year-10.

The property features a 6-door auto servicing garage that has been franchised owned and operated since 1982. The property is being sold AS-IS with all equipment, lifts, computers, and other relevant business materials in place. The garage doors have recently been replaced (November 2018), the parking lot was resurfaced and re-striped for 14 spaces (November 2018), and the roof was recently repaired and is in excellent condition. The pylon signage features a letter board and a large signage opportunity directly on Joppa Rd.

Location

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