C-Store & Auto Service Facility With Income

>Real Estate Auction in

25 Thursday
July 25th, 2019 11:00 AM

C-Store & Auto Service Facility With Income

>Real Estate Auction in

Thursday at - 25th July , 2019

Notes

Buyers premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: High bidder must execute a Contract for Sale and Purchase of Real Estate and provide a 10% deposit due by 4:30pm, Friday, July 26th.
Broker Coop: 2% of the high bid will be paid to a properly registered broker at settlement.

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Auction Items For Sale

Attention investors and users: Operating C-Store and vacant automotive service facility on single parcel. High traffic commercial corridor, ideal for investment or owner occupy. To be auctioned as a single offering.

Features Include:

  • Two buildings:
    - 402 is a +/-3,276s/f, five bay automotive service building with office (vacant)
    - 404 is a +/-2,264s/f C-store (leased)
  • 18,000 vehicles per day on Westover Hills Blvd
  • 404 Tenant: Triple 7 Grocery & Deli:
    - Rent: $1,791/mo ($21,492.93 annually)
    - 3% Annual Escalations, September 1st
    - Term: August 31, 2022
  • Flexible B-2 zoning
  • +/-.77 Acre Site
  • Ample parking


Please be respectful of tenants3 businesses; contact Tranzon representative before going on Property.

Parcel ID#: S0053315010
2019 Tax Assessment: $524,000
2019 Annual Taxes: $6,288


Please be sure to download the Property Information Package by clicking on the words under “Documents to Download.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.