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Sale and Leaseback at a target 7% cap rate. Proposed annual lease of $106,750 with 10-yr term (negotiable) and an absolute NNN lease. Current owner and future tenant is an Auto Collision Center. ±19,118 SF retail property on 2.09 acres of land. Substantial improvements already made to the building with more to come. Property is adjacent to a site for a new 325,000 SF Bosch facility that is supposed to be in place within 24-months bringing 400 new jobs to the area.
Listed by Morgan Hamer of NewLeaf Commercial Real Estate (morgan@newleafbrokerage.com)

Property Details of 1027 Horseshoe Lake Road

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