Valuable Holding Income: The existing NNN lease provides a stable annual cash flow of over $187,000 for approximately four more years, offering secure income during the planning and permitting phases of a redevelopment.
Prime High-Traffic Location: Strategically situated along Auburn Road with exposure to approximately ±27,880 vehicles per day, the site offers exceptional visibility and ease of access for a future business.
Significant Repositioning Upside: The property is currently dark, presenting a compelling opportunity to re-tenant or redevelop the site for a new use, such as a different retail business, a bank branch, or a medical facility.
Leverageable Existing Infrastructure: Utilizing the existing fueling and utility infrastructure can significantly reduce initial costs for a new energy-related use, such as installing an EV charging station hub, compared to developing a raw land site.
Control and Customization: As an owner-user, you gain complete control of the property, allowing for full customization of the space to fit specific business needs without landlord restrictions, while simultaneously building equity.