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NNN Leased Retail Auto Building - AAMCO Transmissions

Listing was updated on: 08/07/2019
NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions NNN Leased Retail Auto Building - AAMCO Transmissions

Property Overview

Price/Rent PSF $ 770,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 2,990
Date Available 08/07/2019
Additional URL Link
Parking 25
Floors 1
Additional parameters Show
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Description

Location
Property well is located off the Southeast corner of Shaw and Villa Avenues just east of Freeways 168, 41, and 99, North of CA-180, & West of Clovis Ave. Neighboring national tenants include Walmart, FedEx, Michael' s, Fitness 19, Auto Zone, Boot Barn, Verizon, Big Lot' s, dd' s Discounts, Sonic Drive-In, Starbuck' s, Me-N-Ed' s, McDonald' s, Wienerschnitzel, Burger King, Long John Silver' s, and Taco Bell.

Sale
Freestanding Absolute triple net lease with 3% annual increases through 2029. Automotive service shops have occupied this space for 26+ years and AAMCO recently inked a lease through March 2029 with no termination clause. The tenant just completed a $90K+ remodel in 2019, showing their commitment to the market and location. The vibrant downtown of Clovis attracts various quality tenants surrounding the location bringing great synergy for AAMCO to flourish. Well known and established Automotive building in a highly traveled area near Downtown Clovis. The freestanding building has a functional floor plan that the tenant has made substantial improvements to. Includes (6) Vehicle Bay Doors, (4) of which are Drive through, automotive lifts, and a +/-700 SF improved office/waiting area with HVAC. Sale does NOT include businesses - they are wonderful tenants that will secure your investment.

Location

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