105 S Westover Blvd - Car Washes FOR SALE


Albany, GA 31707
$48,166,667 USD
203-253-9455
105 S Westover Blvd, Albany, GA for Sale
$48,166,667 USD
Car Washes - FOR SALE
1/3
null | 6.75% Cap Rate

105 S Westover Blvd
Albany, GA 31707


HIGHLIGHTS

  • New 20 - Year NNN Lease
  • 100% Bonus Depreciation
  • 2024 Build - To - Suit Facility
  • Growing Express Car Wash Brand

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 105 South Westover Boulevard, Albany, GA 31707. The site consists of roughly 5,561 rentable square feet of building space on an estimated 1.44-acre parcel of land. Whistle Express is subject to a 20-year Triple Net (NNN) lease, which commenced 8/23/2023. The current annual rent is $325,125 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$48,166,667 USD

PRICE/SF

$8,662 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

C3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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