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Auto Parts

Midas

22 Auto Center Rd, Manchester, NH 03103

Listing Price: $1,914,000

Cap Rate
5.75%
Tenant Name
Midas
Gross SF
7,440
Guarantor
Franchisee Guarantee
Rentable SF
7,440
Price/Gross SF
$257.26
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.78

Investment Overview

The subject property is a Midas in Manchester, NH. This sale leaseback includes a new 10-year NNN lease with six five-year options and 10% increases every five years.

Investment Highlights

  • NNN 10-Year Sale Leaseback
  • Six Five-Year Options
  • 10% Increases Every 5 Years

Exclusively Listed By

Broker of Record

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7231

    License(s) NH: 005566

    New Hampshire

Listing Price: $1,914,000

Cap Rate
5.75%
Tenant Name
Midas
Gross SF
7,440
Guarantor
Franchisee Guarantee
Rentable SF
7,440
Price/Gross SF
$257.26
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.78

Investment Highlights

  • NNN 10-Year Sale Leaseback
  • Six Five-Year Options
  • 10% Increases Every 5 Years

Investment Overview

The subject property is a Midas in Manchester, NH. This sale leaseback includes a new 10-year NNN lease with six five-year options and 10% increases every five years.

Exclusively Listed By

Broker of Record

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7231

    License(s): NH: 005566

    New Hampshire

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