1333 E Lehman St - Car Washes FOR SALE
Lebanon, PA 17046 |
$4,990,000 USD
215-603-6914
1333 E Lehman St
Lebanon, PA 17046
HIGHLIGHTS
- Shiny Shell operates under a brand new absolute NNN lease with zero landlord responsibilities and the tenant responsible for all expenses
- The lease includes 1.25% annual rental increases throughout the base term and through each option period
- The site benefits from excellent visibility along Route 422, which sees 15,737 vehicles per day (VPD)
- The lease features both a corporate guarantee backed by Shiny Car Wash Holdings, LLC, and a personal guarantee from the founders of Shiny Shell
- Car wash properties qualify for accelerated depreciation and bonus depreciation which create unparalleled after-tax returns
- The surrounding market boasts a population of over 48,000 residents within a 3-mile radius
FOR SALE DETAILS
PRICE
$4,990,000 USD
PRICE/SF
$1,152 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shiny Shell Carwash
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
-
APN/PARCEL ID
27-2347913-372633-0000
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215-603-6914
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215-603-6914
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