9707 Key Peninsula Highway Nw, Gig Harbor, Washington 98329

building-modern Project TypeBusiness Opportunity, Business Opportunity
bookmarks-2 StatusActive

Project Description

Rare Opportunity To Own An Auto Repair Business Leased In A 6 Bay Auto Center That Has Been Thriving For Over 17 Years! Lease To Be Negotiated With Seller Currently Offered At $5, 000 Per Month, Triple Net. 2.47-Acres. Fully Stocked Auto Repair Building. Business Includes A Vast Inventory Of Tools (See Attached List). 2024 Gross: $1, 162, 588. NOI: $297, 438. A 42.5% Cap Rate! Potential to Net Over $600K Yearly If Operated By A Family Of Mechanics Based On 2023 Numbers! Expand Business Hours To Increase Profit! Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Ask About SBA Loan!

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