2006 Gervais St - Car Washes FOR SALE


Columbia, SC 29204- Five Points
$4,800,000 USD
844-585-7682
2006 Gervais St, Columbia, SC for Sale
$4,800,000 USD
Car Washes - FOR SALE
1/4
null | 6.25% Cap Rate

2006 Gervais St
Columbia, SC 29204
Five Points


HIGHLIGHTS

  • Single-Tenant WhiteWater Express Car Wash Pad to Walmart Supercenter
  • Corporate-Guaranteed Lease ($400 Million Net Worth)
  • Annual Rental Increases
  • Absolute NNN Lease With No Landlord Responsibilities
  • 20-Year Initial Lease Term With Four 5-Year Options
  • Fee-Simple Investment Ideal for Bonus Depreciation (Includes Land and Building)

OVERVIEW

20-Year Absolute NNN Corporate Lease | 140+ Unit Multi-State Operator; Full Corporate Guaranty | Adjacent to University of South Carolina (38,000+ Students)

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$1,600 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WhiteWater Express | Columbia, SC

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,528 SF

ZONING

C-3

APN/PARCEL ID

11406-12-01

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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