2163 North Pacific St - Car Washes FOR SALE


Mineola, TX 75773
$2,561,517 USD
332-345-4222
2163 North Pacific St, Mineola, TX for Sale
$2,561,517 USD
Car Washes - FOR SALE
1/2
null | 6% Cap Rate

2163 North Pacific St
Mineola, TX 75773


HIGHLIGHTS

  • Long Term Absolute Triple-Net (NNN) Lease
  • Acceleted and Bonus Depreciation
  • Excellent Visibility and Frontage

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Car Wash located at 2163 N. Pacific St, Mineola, TX 75773. The site consists of roughly 3,704 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/1/2021. The current annual rent is $151,416 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,561,517 USD

PRICE/SF

$692 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

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

R120993,R16312

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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