7773 Dixie Hwy - Car Washes FOR SALE


Louisville, KY 40258- Pleasure Ridge Park
$2,686,667 USD
332-345-4222
7773 Dixie Hwy, Louisville, KY for Sale
$2,686,667 USD
Car Washes - FOR SALE
1/2
null | 7.65% Cap Rate

7773 Dixie Hwy
Louisville, KY 40258
Pleasure Ridge Park


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 14 Years Remaining
  • 1.00% Rental Increases Occurring Annually
  • Atlantic Street Capital Recently Announced it has made an Additional $70 Million Investment to Further Support Zips Car Wash

OVERVIEW

The NNN Pro Group is pleased to present the exclusive listing for the Zips Car Wash located at 7773 Dixie Highway, Louisville, KY 40258. The site will consist of roughly 3,222 rentable square feet of building space on estimated 0.86-acre parcel of land. The Zips Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 12/28/2018. The initial annual rent will be $205,530 and is scheduled to increase by 1.00% annually throughout the base term and continuing through 6, 5-Year Options.

FOR SALE DETAILS

PRICE

$2,686,667 USD

PRICE/SF

$834 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zips Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

C-2

APN/PARCEL ID

104100100000

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.