19770 US-11 Hwy - Car Washes FOR SALE


Lenoir City, TN 37772
$5,000,000 USD
332-345-4222
19770 US-11 Hwy, Lenoir City, TN for Sale
$5,000,000 USD
Car Washes - FOR SALE
1/2
null | 6.5% Cap Rate

19770 US-11 Hwy
Lenoir City, TN 37772


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Bonus Depreciation
  • Strong Corporate Guarantee

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Mammoth Car Wash located at 19770 US-11, Lenoir City, TN 3771. The site consists of roughly 4,800 rentable square feet of building space on an estimated 1-acre parcel of land. This Mammoth Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $325,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,042 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mammoth Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

007-070.00

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.