200 Pacer Dr NW - Car Washes FOR SALE


Corydon, IN 47112
$4,716,480 USD
203-253-9455
200 Pacer Dr NW, Corydon, IN for Sale
$4,716,480 USD
Car Washes - FOR SALE
1/3
null | 6.75% Cap Rate

200 Pacer Dr NW
Corydon, IN 47112


HIGHLIGHTS

  • Excellent Interstate Visibility
  • Strong Regional Retail Hub
  • Bonus Depreciation Eligible
  • High - Traffic Interstate Exit

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 200 Pacer Court Northwest, Corydon, IN 47112. The site consists of roughly 3,850 rentable square feet of building space on an estimated 1.41-acre parcel of land. Whistle Express is subject to a 20-year Triple Net (NNN) lease, which commenced 11/15/2023. The current annual rent is $318,362 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$4,716,480 USD

PRICE/SF

$1,225 USD /SF

CAP RATE

6.75%

% 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

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

31-09-24-251-001.000-007

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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