110 N Beltline Dr - Specialty FOR SALE
Florence, SC 29501 |
$4,769,231 USD
332-345-4220
110 N Beltline Dr
Florence, SC 29501
HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease | This Caliber Car Wash is subject to a long term 20-year NNN lease with about 17.5 years remaining
- Brand New Construction | Site Built & Opened in 2023 | This location was newly constructed and delivered in 2023
- Strong Corporate Guaranty | Caliber Car Wash has a corporate guarantee from Clydesdale Holdings, LLC
- Lower Price Point For New Construction Car Wash | Priced under $5 million
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Caliber Car Wash located at 110 N Beltline Drive, Florence, SC 29501. The site consists of roughly 3,754 rentable square feet of building space on an estimated 1.07-acre parcel of land. This Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $310,000 and has scheduled increases of 2.00% annually beginning 1/1/2029.
FOR SALE DETAILS
PRICE
$4,769,231 USD
PRICE/SF
$1,270 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caliber Car Wash
PROPERTY TYPE
Specialty
ADD'L SUBTYPES
Car Wash
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.07 AC
LAND SF
46,609 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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332-345-4220
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332-345-4220
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