150 N Bechtle Ave - Car Washes FOR SALE


Springfield, OH 45504
$1,583,333 USD
332-345-4222
150 N Bechtle Ave, Springfield, OH for Sale
$1,583,333 USD
Car Washes - FOR SALE
1/2
null | 6% Cap Rate

150 N Bechtle Ave
Springfield, OH 45504


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Strong Corporate Guarantee
  • Absolute Triple Net (NNN) Lease
  • Attractive Annual Rental Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 150 North Bechtle Ave, Springfield, OH 45504. The site consists of roughly 1,415 rentable square feet of building space on an estimated 0.79-acre parcel of land. This Take 5 Oil Change will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $95,000 and have scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,583,333 USD

PRICE/SF

$1,119 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CI-1

APN/PARCEL ID

34-00600-00532-0002,34-00600-00532-0003

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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