1031's Welcome, 9.5% Cap Rate. This expansive property, boasting a prime location and a longstanding history of success, is currently leased under a triple net agreement, offering a reliable income stream for savvy investors. The Building has massive square footage, providing an array of possibilities for various business ventures. The interior space includes dedicated administrative and office areas, designed to facilitate efficient operations. The spacious showroom floor creates an inviting atmosphere for showcasing automotive sales, while the parts and service area is equipped to support automotive maintenance and repairs. A well-appointed wash booth and paint booth further enhance the property's versatility and functionality. With a focus on accessibility, the Commercial Building features ADA-compliant bathrooms, ensuring a comfortable experience for customers and employees alike. Nestled on Main Street, this property benefits from exceptional visibility and exposure, making it an ideal location for businesses looking to thrive. Its longstanding presence in the community contributes to its reputation as a reliable and sought-after business address. While the property currently serves as an auto sales and service center, its immense potential extends far beyond its current use. See Spanish Peaks MLS # 23-495 for more details.
