2207 E Main St - Car Washes FOR SALE


Russellville, AR 72802
$2,454,766 USD
332-345-2408
2207 E Main St, Russellville, AR for Sale
$2,454,766 USD
Car Washes - FOR SALE
1/3
null | 6% Cap Rate

2207 E Main St
Russellville, AR 72802


HIGHLIGHTS

  • Over 23 Years Remaining | Absolute NNN Lease
  • Bonus Depreciable Asset
  • Nation’s Largest Express Car Wash Operator
  • Regional Retail Hub | $1.13 Billion+ in Annual Retail Sales
  • Regional Education Hub | 15,000+ Students
  • Proximity to Major Regional Healthcare Hub

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 2207 East Main Street, Russellville, AR 72802. The site consists of roughly 4,629 rentable square feet of building space on an estimated 1.71-acre parcel of land. Whistle Express is subject to a 27-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $147,286 and has scheduled increases of 1.90% Annually beginning 1/1/2030.

FOR SALE DETAILS

PRICE

$2,454,766 USD

PRICE/SF

$54 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

C

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

-

APN/PARCEL ID

863-30138-000C

ASK ABOUT THIS PROPERTY

Stewart HickeySurmountMore Info
332-345-2408

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Stewart HickeySurmountMore Info
332-345-2408

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