1411 W Wilson St - Car Washes FOR SALE


Borger, TX 79007
$5,555,556 USD
914-403-7574
1411 W Wilson St, Borger, TX for Sale
$5,555,556 USD
Car Washes - FOR SALE
1/3
null | 6.75% Cap Rate

1411 W Wilson St
Borger, TX 79007


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Qualifies for 100% Bonus Depreciation
  • Key Economic Drivers
  • Dense Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 1430 W. Wilson St., Borger, TX 79007. The site consists of roughly 3,388 rentable square feet of building space on an estimated 1.99-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2023. The annual rent will be $375,000 and has scheduled increases of 2.00% annually

FOR SALE DETAILS

PRICE

$5,555,556 USD

PRICE/SF

$1,263 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tidal Wave Auto Spa

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,783 SF

ZONING

-

APN/PARCEL ID

100897

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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