1140 N Broad St NE - Car Washes FOR SALE


Rome, GA 30161
$4,376,811 USD
332-345-4206
1140 N Broad St NE, Rome, GA for Sale
$4,376,811 USD
Car Washes - FOR SALE
1/2
null | 6.25% Cap Rate

1140 N Broad St NE
Rome, GA 30161


HIGHLIGHTS

  • Long Term Absolute Triple Net (NNN) Lease
  • Accelerated and Bonus Depreciation
  • Annual Rental Increases
  • Corporate Guarantee

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 1140 N Broad St, Rome, GA 30161. The site consists of roughly 3,178 rentable square feet of building space on an estimated 1.46-acre parcel of land. This Whistle Express is subject to a 17-year Triple Net (NNN) lease, which commenced 3/30/2021. The current annual rent is $273,551 and has scheduled increases of 1.50% annually

FOR SALE DETAILS

PRICE

$4,376,811 USD

PRICE/SF

$1,377 USD /SF

CAP RATE

6.25%

% 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

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

-

APN/PARCEL ID

J13O-076A

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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Russell WachtlerSurmountMore Info
332-345-4206

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