NAPA Auto Parts Warehouse | Coldwater, MI
Sands Investment Group is Pleased to Exclusively Offer for Sale the 20,142 SF NAPA Auto Parts Warehouse NNN Located at 20 East Chicago Street in Coldwater, MI. With a Corporate Guaranteed Lease and Triple Net (NNN) Lease With Minimal Landlord Responsibilities and Attractive Rent Increases, This Opportunity Provides For a Secured Investment.
- The Warehouse Has Operated as an Auto Parts Business at This Location Since 1947; The Location Provides Solid Real Estate in the Town of Coldwater, MI Strategically Located Next to the Long-Serving Branch County District Courthouse, Library and Town Center
- The Warehouse is 20,142 SF in Total – A regional NAPA Auto Parts Jobber Named Cereal City Parts Occupies 13,791 SF and Tree House Cannabis Dispensary Named The Tree House Occupies 1,750 SF
- The Property Also Includes Three (3) Unoccupied Spaces (a Total of 4,601 SF) That Are Available For Lease-Up and Add Value For a Future Investor
- NAPA Auto Parts Performs Very Well at This Location in Terms of Annual Sales and Revenue; The Location is an Industry Stable Within the Region’s Auto Parts, Truck and Paint Industry; The Business Operates Both as a Parts Retail & Wholesale Store as Well as Machine Service Shop
- The Cannabis Dispensary is on a Month-to-Month Lease Providing Flexibility For an Investor Moving Forward; The Business Has Operated Successfully at This Location Since They Started Occupancy in 2017
- The NAPA Auto Parts Lease is Triple Net (NNN) and Requires Little Landlord Attention
In Cooperation With Sands Investment Group Michigan, LLC – Lic. #6505424119 BoR: Max Freedman – Lic. MI #6502424113
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities