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Updated 9 months ago on . Most recent reply

Rich Hupper's profile image
Rich Hupper's profile image
Rich Hupper
  • Broker / Investor
  • from Tewksbury, MA
  • Member since Aug 27, 2008
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Rich Hupper's profile image
Rich Hupper's profile image
Rich Hupper
  • Broker / Investor
  • from Tewksbury, MA
  • Member since Aug 27, 2008
Connect
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
342
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1,254
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Commercial Real Estate Investing

car dealership leasing land?

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

I wanted to ask if it is customary for car dealerships to lease the land they operate on? I have no idea what car dealerships bring in monthly so I am not sure if they could afford a lease. 

I am looking at 1.8 acre parcel where auto work and sales is permitted in the bylaw. If dealerships are interested in leasing to operate their business I imagine the leases are triple net?

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