$1,870,000
$1,977,980
5.5%For more information regarding the value of a property, please contact us for a free consultation.
10332 Mission Gorge Road Santee, CA 92071
0.26 Acres Lot
Key Details
Sold Price $1,870,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220029265SD
Sold Date 01/24/23
HOA Y/N No
Year Built 1986
Lot Size 0.261 Acres
Property Description
Single Tenant NNN Investment. Auto Repair Building for Sale. Stable Tenancy - New Lease Expires April 2031 with Rare Annual Increases. NNN Lease to Portfolio Backed Company Tenant - Leased to GB Auto Service Inc., part of Sun Auto Tire & Service, with 10 brands and 350+ retail locations throughout the US. Recession Resistant Use - Auto Repair Use Provides Essential Needs for Consumers Making the Property Resistant to Recession Risk. Ease of Management - The Single Tenant NNN Lease Structure Provides Ownership an Extremely Passive Investment with Minimal Landlord Responsibilities. Idea Auto Repair Property - Five Oversized 12' x 14' Grade-Level Doors with Fenced & Secured Parking. Auto Repair Use Since it was Built in 1986. Located in a Growing Submarket - Santee City Council Approved the Fanita Ranch Project, a 3,000-Home Development.
Location
State CA
County San Diego
Area 92071 - Santee
Zoning GC
Interior
Fireplace No
Others
Tax ID 38410830
Financing Other
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Bought with Jason Vieira • Pacific Coast Commercial