Description
100% leased Ford Dealership leased to long term dealership selling at a 5.7 Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The Jones network of Dealerships has been selling cars in Arizona since 1967, has a good reputation and is operating in multiple locations around the state. The annual net operating income for the property is 462,269.00. The Dealership has 28,490 Square Feet of building and loads of display space on the 242,490 square foot parcel. The Dealership is Ford Approved and was designed to meet Ford Dealership Standards in 2006. The building includes a spacious show room, offices, service center, part department, waiting room, public and private restrooms.
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0BEDS
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5.25ACRES
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0BATHS
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01/2 BATHS
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28,468SQFT
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$281$/SQFT
School Ratings & Info
Description
100% leased Ford Dealership leased to long term dealership selling at a 5.7 Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The Jones network of Dealerships has been selling cars in Arizona since 1967, has a good reputation and is operating in multiple locations around the state. The annual net operating income for the property is 462,269.00. The Dealership has 28,490 Square Feet of building and loads of display space on the 242,490 square foot parcel. The Dealership is Ford Approved and was designed to meet Ford Dealership Standards in 2006. The building includes a spacious show room, offices, service center, part department, waiting room, public and private restrooms.
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