Details
Investment portfolio offering with long term tenant, Napa Auto and Truck Parts. All three properties have a 5 year lease with 2 more 5 year options and annual increases. Three buildings all in great locations: Monticello, Liberty and Jeffersonville. Cap rate is 8.9% on all three combined. Landlord is responsible for major repairs and taxes as well as building insurance. New roof going on the Liberty Building this summer. Tenants pay minor repairs, water and sewer, utilities and insurance on contents. Reference individual property listings for details.