$5,090,000 USD
844-585-7682
1040 E 23rd St
Lawrence, KS 66046
South Lawrence
HIGHLIGHTS
- Single-Tenant Corporate Guaranteed Club Car Wash: 20-year absolute NNN lease with zero landlord responsibilities; 19 years remaining
- Corporate guaranteed lease
- 1.75% annual rent increases throughout initial term
- High performing location with seasoned express car wash operator
- Extremely strong EBITDAR to rent coverage ratio (contact broker for more information)
- Headquartered in the Midwest, the company operates 200+ locations with 50 additional sites currently under development
FOR SALE DETAILS
PRICE
$5,090,000 USD
PRICE/SF
$1,138 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Club Car Wash | Lawrence, KS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.19 AC
LAND SF
52,022 SF
ZONING
-
APN/PARCEL ID
023-103-05-0-30-11-005.02-0
ASK ABOUT THIS PROPERTY
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844-585-7682
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844-585-7682
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