495 Industrial Pl Palm Springs, CA 92264-8147

This thriving automotive repair business in Palm Springs, California, presents a unique investment opportunity. Located at 495 Industrial Pl, 92264, this Class C property boasts a prime location within Riverside County, offering significant growth potential due to limited competition in the immediate area. The business, operating for over 45 years, includes a 5,500 square foot facility with six service bays and six hydraulic lifts, ensuring efficient operations. A new five-year lease is in place, with a monthly rent of $5,000 NNN, and a single five-year option to extend the lease. The business is structured as a multi-tenant operation with one unit. This turnkey operation is ideal for an established business seeking expansion or an experienced mechanic looking to own their own shop. The seller is offering financing options, making this an even more attractive proposition. The business is categorized as "Business Only" and is offered at an asking price of $395,000. This established business offers a strong foundation for continued success and significant return on investment. Don't miss this chance to acquire a well-established and profitable automotive repair business in a desirable location.