Harley-Davidson Motorcycle Dealership Building and Land for Sale

Harley-Davidson Motorcycle Dealership Building and Land for Sale

Description:


The subject offering is for the fee simple interest in a NNN leased Harley Davidson franchise. The lease provides for zero landlord obligations with over 9 years remaining on the initial 20 year lease. There are scheduled 1% annual rental increases. The tenant is one of the most successful full service Harley Davidson Franchisees in the country.

Located in Lancaster, California, USA

Asking Price: $8,050,000

6.86% CAP

◾ Long Term Absolute NNN Lease
◾ Zero Landlord Obligations
◾ Scheduled Annual Increases
◾ Over 25,000 Square Feet of
◾ Net Rentable Area
◾ Operated by One of the Most Successful Full Service Harley Davidson Franchisees in the Country

Lancaster is a charter city in northern Los Angeles County, in the Antelope Valley of the western Mojave Desert in Southern California. Lancaster currently ranks as the 30th largest city in California, and the 148th largest city in the United States. Lancaster is part of a twin city complex with its southern neighbor Palmdale and together they are the principal cities within the Antelope Valley region and California’s High Desert. Lancaster is located approximately 70 miles north (by highway) of downtown Los Angeles, near the Kern County line. It is separated from the Los Angeles Basin by the San Gabriel Mountains to the south, and from Bakersfield and the San Joaquin Valley by the Tehachapi Mountains to the north. The population of Lancaster has grown from 37,000 residents at the time of incorporation in 1977, to 157,826 people as of 2012, which makes it the largest city in the California portion of the Mojave Desert.

Members profile:


Advertised by: Jeff Bracco (click here to see full profile)
Average score 6 after 1 votesAverage score 6 after 1 votesAverage score 6 after 1 votesAverage score 6 after 1 votesAverage score 6 after 1 votes Grade Jeff Bracco
Email: jeff.bracco@svn.com

Ad Details


Garage Spaces (put 0 if this does not apply) 200.00
Auto Use Allowed Yes
Property is For Sale
Parking Spaces Outside 50
Price $8,050,000 USD
Price Information: 6.86% CAP

Buildings & Land


Property Name Antelope Valley Harley Davidson
Property Types Vehicle Related, Retail, Showroom, Car Lot or Building
Land Types Retail

Size & Value


Bldg. Size (Sq. Ft.) 25,200
Cap Rate 6.86%
Lot/Parcel Size 2.81 Acres

Use & Status


Best Property Use This is an investment property, Currently Occupied
Construction Status: Existing Structures

Unique Sale Issues


Type of Sale Real Estate Agency Sale

Website or Social Network Links:


Website http://thekasegroup.com/properties/details.php?id=809

Location


Address 1759 W Avenue J-12
City Lancaster
State CA
Postal Code 93534
Country USA

Call Me!


Phone 510.388.4438
Ad id: 76713152
Ad views:3493
Current rating Average score 9 after 1 votesAverage score 9 after 1 votesAverage score 9 after 1 votesAverage score 9 after 1 votesAverage score 9 after 1 votes Grade

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