23 Wilson Rd - Car Washes FOR SALE


Radcliff, KY 40160
$5,341,219 USD
332-345-4222
23 Wilson Rd, Radcliff, KY for Sale
$5,341,219 USD
Car Washes - FOR SALE
1/2
null | 7.5% Cap Rate

23 Wilson Rd
Radcliff, KY 40160


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases | This lease offers attractive rental growth, with a 2.00% annual increase beginning in the seventh year
  • Growing Credit | The lease is subject to a corporate guarantee by Join Parachute.

OVERVIEW

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Parachute Plasma located at 23 S Wilson Rd, Radcliff, KY 40160. The site consists of roughly 6,388 rentable square feet of building space on an estimated 1.39-acre parcel of land. This Parachute Plasma is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The current annual rent is $400,591 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$5,341,219 USD

PRICE/SF

$836 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

-

APN/PARCEL ID

-

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.