545 S Belt Line Rd - Car Washes FOR SALE


Irving, TX 75060
$4,565,000 USD
949-734-0451
545 S Belt Line Rd, Irving, TX for Sale
$4,565,000 USD
Car Washes - FOR SALE
1/4
null | 6.9% Cap Rate

545 S Belt Line Rd
Irving, TX 75060


HIGHLIGHTS

  • High Traffic Site with 31,000+ Cars Per Day Directly in Front of the Property
  • Large 1.24 Acre Corner Parcel
  • Surrounded by National Tenants and New Development
  • Excellent Demographics - Large Population & Daytime Employment
  • Fee Simple - Land & Building - Depreciable Asset

OVERVIEW

New Long-Term 20-Year Absolute NNN Lease at Close of Escrow - Multi-State Express Car Wash Operator Washing Millions of Cars Every Year - 43 Locations Across Texas, California, Nevada & Arizona - Long-Term Lease with 1.5% Annual Increases - Tenant Responsible for All Expenses - Zero Landlord Responsibilities

FOR SALE DETAILS

PRICE

$4,565,000 USD

PRICE/SF

$1,207 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL 20-Year NNN Lease | Land & Building

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

Z43

APN/PARCEL ID

320556200A0010000

ASK ABOUT THIS PROPERTY

Adam IndiharPacific Commercial Investments, IncMore Info
949-734-0451

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Adam IndiharPacific Commercial Investments, IncMore Info
949-734-0451

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