204 E Belt Line Rd - Car Washes FOR SALE


Cedar Hill, TX 75104
$1,968,950 USD
332-345-4206
204 E Belt Line Rd, Cedar Hill, TX for Sale
$1,968,950 USD
Car Washes - FOR SALE
1/2
null | 6% Cap Rate

204 E Belt Line Rd
Cedar Hill, TX 75104


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 204 E Belt Line Road, Cedar Hill, TX 75104. The site consists of roughly 5,489 rentable square feet of building space on an estimated 2.67-acre parcel of land. This Whistle Express is subject to a 14.75-year Triple Net (NNN) lease, which commenced 12/22/2020. The current annual rent is $118,137 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$1,968,950 USD

PRICE/SF

$359 USD /SF

CAP RATE

6%

% 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

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.67 AC

LAND SF

116,305 SF

ZONING

LR

APN/PARCEL ID

160282800A0010000

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.