1580 Carnaby Ln - Car Washes FOR SALE


Castle Rock, CO 80109
$6,250,000 USD
513-300-0763
1580 Carnaby Ln, Castle Rock, CO for Sale
$6,250,000 USD
Car Washes - FOR SALE
1/2
null | 6.25% Cap Rate

1580 Carnaby Ln
Castle Rock, CO 80109


HIGHLIGHTS

  • Corporate Guarantee from Leading Operator
  • Bonus Depreciation Opportunity
  • Extremely Affluent Area
  • Growing Industry

OVERVIEW

Bang Realty and Marcus and Millichap are pleased to present the exclusive listing for a Cobblestone Auto Spa located at 1580 Carnaby Ln, Castle Rock, CO 80109. The site consists of roughly 5,077 rentable square feet of building space on an estimated 1.5-acre parcel of land. This Cobblestone Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $390,625 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$1,141 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cobblestone Auto Spa

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

2351-342-18-001

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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