Truck Trends & Lakes Auto Sales

Tilton, New Hampshire

NNN Pro Group is pleased to present Exclusive Listing for a Truck Trends & Auto Detailer located at 216 Laconia Road in Tilton, New Hampshire. The site consists of roughly 3,024 rentable square feet of building space on estimated .45-acre parcel of land. This Truck Trends is subject to a 5-year double-net (NN) lease while Lakes Auto Sales is subject to a 3-year double-net (NN) lease. The Annual Net Operating Income is $70,528.

 Property Includes Two Buildings | Truck Trends & Lakes Auto Sales
 Minimal Landlord Responsibilities
 Truck Trends Signed a Long-Term 5-Year Lease in 2022 Which has over 3 Years Remaining
 Lease Backed by All 4 Truck Trends Locations
 Lakes Auto Sales (Back Building) Subject to Brand New 3 Year Lease

Key Details

Price:: $855,000
Cap Rate:: 8.25%
Annual Rent:: $70,528
Address:: 216 Laconia Road, Tilton, New Hampshire 03276
Property Type:: Retail - Automotive
Lease Type:: Double Net (NNN)

Original Lease Term:: 5 Years
Lease Commencement:: May 1, 2022
Lease Expiration:: May 30, 2027
Lease Term Remaining:: 3+ Years
Rental Increases:: None
Lot Size:: .45 Acres
Building Size:: 3,024 SF
Year Built:: 2022
Tenant:: Truck Trends & Lakes Auto Sales

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Josh Kanter

jkanter@nnnpro.com

License: 10401294056

Anthony D’Ambrosia

adambrosia@nnnpro.com

License: 10401294012

Kevin Burke

kburke@nnnpro.com

License: 10401370868

Broker of record

Brian Brockman

Bang Realty-New England, Inc

License: O75993

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