2330 Sun valley Drive, Delafield, WI 53018
8,194 SF | Retail
Front of store
- Building Size:
- 8,194 SF
- Property Type:
- Property Sub-type:
- Vehicle Related
- Property Use Type:
- Net Lease Investment with
- 10+ years left on lease
- Commission Split:
- Cap Rate:
- Lot Size:
- 1.47 SF
- Listing ID
- Last Updated
- 61 days ago
The IRS allows oil and gas business to be depreciated over 15 years. This alone is a major difference versus other NNN.
The property has over 17 years left on the first term (expires on 04/30/2034). The lease has 4 five year renewall options. The tenant has 31 stores as of this date and they are adding more. The company is run by experienced management from this industry. The property has 1.5% annual rental increases.
This is a true triple net (tenant pays for everything except for the mortgage you may, or may not, put on the property). Tenant has insurance for environmental spills.
The property has a lube facility, car wash and tetailing facility (all run by the same franchisee)
This is a very high growth area in Wisconsin with many large franchisee's near this location. It is currently the second largest performing store for the franchisee.
The 2% commission is not being shared with me, it is exclusively for the broker who brings in the buyer.
Map of 2330 Sun valley Drive, Delafield, WI 53018 (Waukesha County)
Research for 2330 Sun valley Drive, Delafield, WI 53018 (Waukesha County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P
- 8,194 SF