For Sale
$831,000

943 Rock Hill Rd Quakertown, PA 18951

High-return auto shop, NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a 6,039 square foot auto shop located at 943 Rock Hill Rd, Quakertown, PA 18951, situated on a 3.76-acre lot. The property is currently 100% occupied under a Net Lease (NNN) agreement with Crash Champions, a financially stable corporate guarantor with over 600 locations nationwide. The lease commenced December 17, 2021, and has a remaining term of seven years, expiring November 30, 2031. The lease includes three, five-year renewal options and a 10% rent increase every five years, providing significant future income growth. The asking price is $831,000, representing a current cap rate of 6.50% and a pro-forma cap rate of 7.15%. The current Net Operating Income (NOI) is $54,000, projected to increase to $59,400. The property, built in 1990, is a single-story building offering a price per square foot of $137.61 and a land value of $6.69 per square foot. This presents a compelling investment in a recession-resistant industry

Highlights

  • $831,000 asking price, 6.50% cap rate.
  • Low land cost of $6.69/SF.
  • 10% rent increase scheduled for 2026.
  • Strong tenant: Crash Champions, a rapidly growing national brand with 600+ locations, providing corporate guaranty.
  • Large 3.76-acre parcel.
  • New 10-year lease signed by tenant.

Property Details for 943 Rock Hill Rd

Property type
Retail properties, Industrial properties
Square Feet
6,039 SF
Year Renovated
1990
Buildings
1
Stories
1
Lot Size (sq. ft)
163,786 SF
Units
1

Location Insight

City
Quakertown
County
Bucks
State
Pennsylvania
Latitude
40.4303817
Longitude
-75.2970442

FAQs

What type of property is this?
Retail property - High-return auto shop, NNN lease, strong tenant.
Where is the retail property located?
The property is located at 943 Rock Hill Rd Quakertown, PA.
What is the asking price?
The asking price for this property is $831,000.
What are key features of this property?
This property features: $831,000 asking price, 6.50% cap rate.; Low land cost of $6.69/SF.; 10% rent increase scheduled for 2026.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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943 Rock Hill Rd
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