Prominent Truck/Car Dealership

Retail-Commercial for Sale
Catylist Listing ID: 30711922
Property Subtypes: Car Wash, Free-Standing Building, Mixed Use, Parking Facility, Street Retail, Vehicle Related, Other
Building Size (RSF): 13,000 SF
Gross Building Area: 14,000 SF
Gross Land Area: 3.83 Acres
Sale Price: $2,990,000
Unit Price: $230 PSF
Has Drive-Thru? Yes
Property Use Type: Investment, Business
Building Name: Leavitt Auto & Truck
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/3/2021

Overview / Comments

Prominent Dealership specializing in autos and trucks . This location has serviced both new and used vehicles over the years. Substantial traffic count of 25,000+/- and fronting on Rte 125 close to I-495 and Massachusetts being only minutes away.
Featuring large attractive showroom,sales area, multiple offices, coffee bar, lounge area and a full 4 bay service area with parts department. Property sits on almost prime 4 acres with room to expand. This property is being offered as a "turnkey" dealership opportunity with two lots ; (possible) individual sale. This 10 million dollar business opportunity is available now, owner is retiring after many years of grand success.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket Type: Central Business District
Taxing Authority: Plaistow
Tax ID/APN: 011602-003261
Zoning: C
Retail Clientele: General, Business, Recreation
Property Located Between: Walmart and new Core medical and emergency center
Property Visibility: Excellent
Largest Nearby Street: rte 125
Feet of Frontage: 400
Traffic/Vehicle Count: 25,000
Highway Access: Rte 125 and I-495
Airports: Manchester/Boston
Site Description: Large flat (gently sloping) open paved lot fronting on Rte 125 with new service rd to the rear of the property.
Area Description: Proposed development of new Market Basket shopping center directly across the street from this dealership. Area has a current strong mix of multiple businesses both large and small including national retail chains, grocery stores, medical offices, rehab facilities, hospital, auto, truck sales and services, recreational vehicles . All of this along busy Rte 125 only 5 minutes to the Massachusetts border and I-495.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 13,000 SF
Property Condition: Good
Year Built: 1977
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick and block
Total Parking Spaces: 100
Parking Type: Structure
Parking Description: flat paved
Sprinklers: None
Heat Type: Natural Gas
Internet Access: Cable, Fiber Optic
Interior Description: Attractive offices , and showroom areas completely renovated
Zoning Description: Commercial
Lot Frontage: 400'
Water Service: Municipal, Well
Sewer Type: Septic
Land Ownership: warranty

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,667 22,424 92,117
Median Age: 42.75 43.51 41.01
Households: 667 8,699 35,709

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