2584 Farmville Rd - Car Washes FOR SALE


Farmville, VA 23901
$5,357,143 USD
332-345-4222
2584 Farmville Rd, Farmville, VA for Sale
$5,357,143 USD
Car Washes - FOR SALE
1/2
null | 7% Cap Rate

2584 Farmville Rd
Farmville, VA 23901


HIGHLIGHTS

  • Long-Term 20-Year NNN Lease
  • Strong Corporate Guarantee
  • Essential and High-Demand Industry
  • Attractive Annual Rental Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Flagstop Car Wash located at 2584 Farmville Road, Farmville, VA 23901. The site consists of roughly 4,896 rentable square feet of building space on an estimated 1.64-acre parcel of land. This Flagstop Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $375,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$5,357,143 USD

PRICE/SF

$1,094 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagstop Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

-

APN/PARCEL ID

051-9-A

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.