2510 N Baltimore St - Car Washes FOR SALE


Kirksville, MO 63501
$5,496,183 USD
332-345-4222
2510 N Baltimore St, Kirksville, MO for Sale
$5,496,183 USD
Car Washes - FOR SALE
1/2
null | 6.55% Cap Rate

2510 N Baltimore St
Kirksville, MO 63501


HIGHLIGHTS

  • Affluent Suburban Community | Households within a 1-mile radius enjoy average annual incomes exceeding $71,200, fueling a robust car wash market.
  • Strong Retail Corridor | The subject property is located amongst several power centers and retailers including: Walmart, ALDI, Hobby Lobby, Home Depot
  • Strong Academic Presence | The investment property profits from a strong academic presence, with institutions like Truman State University
  • Strong Traffic Counts | The subject property is alongside N Baltimore St and experiences a daily traffic count of over 15,600 vehicles.
  • Kirksville Regional Airport | The subject property is near the Kirksville Regional Airport, averaging over 113 flights per week.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 2510 N Baltimore St, Kirksville, MO. The site consists of roughly 3,465 rentable square feet of building space on an estimated 2.1-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $360,000 and has scheduled increases of 2.00% annually starting in year 7.

FOR SALE DETAILS

PRICE

$5,496,183 USD

PRICE/SF

$1,586 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tidal Wave Auto Spa

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

HDCZ

APN/PARCEL ID

08-08.0-33-004-01-04.006000

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.