1307 Joliet St - Car Washes FOR SALE


Dyer, IN 46311
$3,653,000 USD
480-221-4221
1307 Joliet St, Dyer, IN for Sale
$3,653,000 USD
Car Washes - FOR SALE
1/4
null | 6.75% Cap Rate

1307 Joliet St
Dyer, IN 46311


HIGHLIGHTS

  • 7 Years Remaining | Options To Extend | Scheduled Rental Increases | Circle K Credit
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dyer Town Center | Crossroads Shopping Center | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant will have 7 years of term remaining with 4 (5-year) options to extend, demonstrating commitment to the site • The lease features annual increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation • The lease is backed by Circle K, while the car wash is branded True Blue

FOR SALE DETAILS

PRICE

$3,653,000 USD

PRICE/SF

$738 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K Car Wash | 7yrs Remain Corp Abs NNN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

Route 30 District

APN/PARCEL ID

45-11-18-201-011.000-034

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.