Town Fair Tire NNN Property For Sale — Northampton, MA
338 King St, Northampton, MA 01060
This offering presents an absolute NNN lease opportunity with Town Fair Tire, a strong-performing Mavis brand location in Northampton, MA. The property includes a 2-building facility with 6,842 SF and 8 service bays, with one bay included in this sale. The tenant is responsible for all operating and capital expenses, including roof and structure, ensuring a truly passive investment with zero landlord responsibilities. The lease features a long-term commitment with attractive rent increases, providing a stable income stream.
- Address: 338 King St, Northampton, MA 01060
- Asking price $6.38M
- 6.00% cap rate
- NOI $382,500
- 14.7 years remaining
- NNN lease
- Building size: 6,842 SF
- Rent increases: 10% bumps every 5 years
- Guarantor: Corporate
Location
This Town Fair Tire property is at 338 King St in Northampton, Massachusetts.
Asset type: Auto Parts