Thursday, April 24, 2008
NNN Leased in Newark (Fremont Area)
We are tracking a very solid investment in the booming city of Newark, CA. This is a single tenant NN leased auto body and repair facility which was built in 2000. Offered at $2,175,000, at a 6 cap, 10,160 square foot building on a 34,900 square foot lot. 4.5% rent bumps per year. Leased through Dec. 2012 with one 5 year option to extend at fair market value.