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Auto Parts

Insurance Auto Auctions - Shirley, MA

2 Going Rd, Shirley, MA 01464

Listing Price: $8,538,000

Cap Rate
4.67%
Tenant Name
Insurance Auto Auctions
Years Remaining On Lease
9.7
Guarantor
Personal Guarantee
Rentable SF
21,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.53

Investment Overview

Insurance Auto Auctions (IAA) is a leading global digital marketplace that connects vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, Insurance Auto Auction's unique platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, Insurance Auto Auctions has nearly 4,000 employees in more than 200 facilities throughout the US, Canada, and the United Kingdom.

Investment Highlights

  • 41 Acre Site | 17,000-Square-Foot Building
  • 10 Years Remaining
  • Three Percent Yearly Increase
  • No Landlord Responsibilities
  • $398,367 Year Net Operating Income

Exclusively Listed By

Financing By

Auto Parts

Insurance Auto Auctions - Shirley, MA

Listing Price: $8,538,000

Cap Rate
4.67%
Tenant Name
Insurance Auto Auctions
Years Remaining On Lease
9.7
Guarantor
Personal Guarantee
Rentable SF
21,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.53

Investment Highlights

  • 41 Acre Site | 17,000-Square-Foot Building
  • 10 Years Remaining
  • Three Percent Yearly Increase
  • No Landlord Responsibilities
  • $398,367 Year Net Operating Income

Investment Overview

Insurance Auto Auctions (IAA) is a leading global digital marketplace that connects vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, Insurance Auto Auction's unique platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, Insurance Auto Auctions has nearly 4,000 employees in more than 200 facilities throughout the US, Canada, and the United Kingdom.

Exclusively Listed By

Financing By

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