Great investment property with an 8.25 CAP rate.
The property operates as a pre-owned auto dealership and is situated on a flat, corner lot with 100 feet of frontage on State Route 17M. The building features a clean showroom with a private office and is constructed with a frame and stone facade. The lot can accommodate approximately 50 vehicles, making it ideal for auto sales or other retail/service businesses. The location benefits from high visibility, with an average daily traffic count over 19,000 vehicles.
This property is currently leased to a tenant with two years remaining on a five-year lease with built in increase as an agreed upon term. Tenant has an option for an additional five-year lease. © 2025 OneKey™ MLS, LLC