1560 N Highway 77 - Car Washes FOR SALE


Waxahachie, TX 75165
$2,709,000 USD
949-903-8099
1560 N Highway 77, Waxahachie, TX for Sale
$2,709,000 USD
Car Washes - FOR SALE
1/7
null | 5.75% Cap Rate

1560 N Highway 77
Waxahachie, TX 75165


HIGHLIGHTS

  • 18+ Years Remaining | Corporate Guaranteed Lease | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Waxahachie Towne Center | Waxahachie Marketplace | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The lease features a corporate guaranty • Over 18 years remaining with 4 (5-year) option periods to extend • The lease features 1.9% annual increases throughout the initial term and option periods

FOR SALE DETAILS

PRICE

$2,709,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express Car Wash | 18yrs Corp Abs NNN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Planned Development

APN/PARCEL ID

90.0911.000.024.00.112

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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