10003 Macon Rd - Car Washes FOR SALE


Cordova, TN 38018- Gray's Creek
$4,600,391 USD
332-345-4222
10003 Macon Rd, Cordova, TN for Sale
$4,600,391 USD
Car Washes - FOR SALE
1/3
null | 5.75% Cap Rate

10003 Macon Rd
Cordova, TN 38018
Gray's Creek


HIGHLIGHTS

  • Over 24 Years Remaining | True Triple Net Lease
  • Bonus Depreciation
  • Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
  • Strong Income-Producing Asset in a High-Income Market

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 10003 Macon Rd, Cordova, TN. The site consists of roughly 3,605 rentable square feet of building space on an estimated 1.69-acre parcel of land. The current annual rent is $264,522 and has scheduled increases of 1.90% Annual Beginning 1/1/2030.

FOR SALE DETAILS

PRICE

$4,600,391 USD

PRICE/SF

$1,242 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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