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
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.







