24267 OLD AQUADALE RD

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24267 OLD AQUADALE RD

ALBEMARLE, NC 28001-8708
Asking Price
$275K
Asset Type
Auto Shop Retail
Class
Class B

What's Special

3 Bay Auto Repair for Sale or Lease <p>3 Bay auto repair shop for SALE at $275,000, or LEASE for $2500 per month gross lease.</p><p>Established location turn-key ready for new owner/operator.</p><p>Nice office area along with additional carport and storage room.</p><p>Equipment package includes drive-on car lift, 3 wall mounted air pumps, compressor, 20 ton shop press, 500lb 50 gallon spray wash cabinet (for cleaning parts), 1000lb transmission jack, hybrid battery system analyzer, refrigerator, etc..</p>

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

Location & Travel Times