Building Details:
• Year Built: 1997
Absolute Triple Net Lease with seasoned tenant, fully leased. This Sears Dealer Store has been in this location since 1997. Lease commencement date May 6-2012, term 10-years. Base term $49,992 per year with 2-five year options at $50,400 & $54,000 per year. Building is free span steel construction with 7,200 sq. ft. of leasable space, 1-acre of land, all concrete parking. Sears Dealer Store is a franchise store. The dealer owns the building and land and operates under the Sears Flag and franchise agreement. The Dealers Stores is one of the most profitable divisions of the Sears Company. The Dealer Store is a great distribution system for the Company it opens both large & small markets to their product.
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