233 Easton Rd - Car Washes FOR SALE


Horsham Township, PA 19044- Horsham/Willow Grove
$6,750,000 USD
516-477-7026
233 Easton Rd, Horsham Township, PA for Sale
$6,750,000 USD
Car Washes - FOR SALE
1/3
null | 6.45% Cap Rate

233 Easton Rd
Horsham Township, PA 19044
Horsham/Willow Grove


HIGHLIGHTS

  • Bonus Depreciation Opportunity
  • Flagship Carwash Corporate Guarantee
  • Strong Demographics & Affluent Community
  • Strong Academic Presence

OVERVIEW

Surmount is pleased to present the exclusive listing for a Flagship Car Wash located at 233 Easton Road, Horsham, PA 19044. The site consists of roughly 6,235 rentable square feet of building space on an estimated 1.63-acre parcel of land. This Flagship Carwash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $435,375 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$2,700 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagship Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

GC-2

APN/PARCEL ID

36-00-03949-002,36-00-09769-005,36-00-09772-002

ASK ABOUT THIS PROPERTY

James WesterbergSurmountMore Info
516-477-7026

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James WesterbergSurmountMore Info
516-477-7026

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