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938-952 Broadway

$1,200,000

Property Type: Auto Repair Shop

Year Constructed: 2000

Type Construction: Concrete Block

Number of Buildings: 1

Number of Stories: 2

Building Area (RSF): 5,620SF

Land-to-Building Ratio: 0.382 : 1

Zoning: C - G — General Commercial

A1 Auto Glass.jpg

Site Improvements

Parking:
There are 4 assigned parking spaces in front. The rear yard has space available for additional parking if needed
Landscaping:
Minimal
Other:
All off-site improvements are completed to the site.

General Construction 

Stucco, concrete block superstructure with a flat built-up composition roof. The interior buildout is wood frame and drywall.

Foundation:
The foundations consist of concrete slabs and footings poured over compacted aggregate bases (ABC).
Floors:
The first floor is a concrete slab and footings poured over compacted aggregate bases (ABC). The second floor is wood frame.
Exterior Walls:
Painted concrete block, painted wood.
Windows:
The storefront area has dual-pane windows set in aluminum frames.

General Design 

The subject property is a 5,620 square foot industrial and auto service property built in 2000 and is in average condition. More specifically it has 3,600 square feet of 1st floor space and 1,600 SF of 2nd floor space. The 2nd floor space is in a shell condition whereas the first floor space is built-out.
West to east the 1st floor space comprises a 40’ X 40’ auto service bay, a 265 SF office and a 935 SF open storage space. Behind this is a 20’ X 40’ two bay garage.
The 2nd floor comprises 800 SF above the open storage space and 800 SF above the 20’ X 40” two bay garages.

Tenant & Lease

Tenant

A1 Auto Glass & Window Tinting

Occupancy

Started June 1, 2025

Lease Commencement

June 1, 2025

Lease Expiration

May 31, 2030

Lease Type

Modified Gross

Tenant Pays

Insurance, Utilities, Interior & Exterior Maintenance, Signage, Exterior Paint

Owner Pays

Base Property Taxes, Management Fee

Security Deposit on Hand

$11,400 (2 months)

Rent Abatement

4 months (June-September 2025) - Period has passed, no ongoing impact

Contracted Rent Schedule (Original Term)

Period

Monthly Rent

Annual Rent

June 1, 2025 - May 31, 2026

$5,700

$68,400

June 1, 2026 - May 31, 2027 (current)

$5,871

$70,452

June 1, 2027 - May 31, 2028

$6,047

$72,564

June 1, 2028 - May 31, 2029

$6,228

$74,736

June 1, 2029 - May 31, 2030

$6,415

$76,980

Source: Executed Lease addendum (AIRCRE RA-8-00, Fixed Rental Adjustment) No CPI exposure — all increase are preset. 

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