1905 W Main St - Car Washes FOR SALE


Centre, AL 35960
$1,095,534 USD
332-345-4222
1905 W Main St, Centre, AL for Sale
$1,095,534 USD
Car Washes - FOR SALE
1/2
null | 5.8% Cap Rate

1905 W Main St
Centre, AL 35960


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • 1.50% Annual Rental Increases
  • Strong Guarantee from International Car Wash Group Ltd.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Car Wash located at 1905 W Main Street, Centre, AL 35960. The site consists of roughly 3,285 rentable square feet of building space on an estimated 0.99- acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 9/30/2019. The current annual rent is $63,541 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$1,095,534 USD

PRICE/SF

$333 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

14-04-17-3-000-027.005

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.