1870 S Church St - Car Washes FOR SALE


Murfreesboro, TN 37130
$3,871,243 USD
332-345-4206
1870 S Church St, Murfreesboro, TN for Sale
$3,871,243 USD
Car Washes - FOR SALE
1/3
null | 6% Cap Rate

1870 S Church St
Murfreesboro, TN 37130


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 1870 S Church St, Murfreesboro, TN 37130. The site consists of roughly 4,350 rentable square feet of building space on an estimated 1.3-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 $232,275 and has scheduled increases of 1.50% annually

FOR SALE DETAILS

PRICE

$3,871,243 USD

PRICE/SF

$923 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

C

APN/PARCEL ID

113-010.05-000

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.