Harley-Davidson Motorcycle Dealership Building and Land for Sale
This ad is marked as Sold
Description: |
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| 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. |
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Members profile: |
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| Advertised by: | Jeff Bracco (click here to see full profile) |
| Email: | Email Advertiser |
Ad Details |
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| Parking Spaces Outside | 50 |
| Property is | Sold |
| Auto Use Allowed | Yes |
| Garage Spaces (put 0 if this does not apply) | 200.00 |
| Price Info | 6.86% CAP |
| Price: | $8,050,000 USD |
Buildings & Land |
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| Property Name | Antelope Valley Harley Davidson |
| Property Types | Car Lot or Building, Showroom, Retail, Vehicle Related |
| Land Types | Retail |
Size & Value |
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| Bldg. Size (Sq. Ft.) | 25,200 |
| Cap Rate | 6.86% |
| Lot/Parcel Size | 2.81 Acres |
Use & Status |
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| Best Property Use | Currently Occupied, This is an investment property |
| Construction Status: | Existing Structures |
Unique Sale Issues |
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| Type of Sale | Real Estate Agency Sale |
Location |
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| Address | 1759 W Avenue J-12 |
| City | Lancaster |
| State | CA |
| Postal Code | 93534 |
| Country | USA |
Call Me! |
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| Phone | 510.388.4438 |
| Ad id: | 76713152 |
| Region: | |
| Ad views: | 9364 |