2640 Wilma Rudolph Blvd - Car Washes FOR SALE


Clarksville, TN 37040 | 
$4,121,058 USD
914-403-7574
2640 Wilma Rudolph Blvd, Clarksville, TN for Sale
$4,121,058 USD
Car Washes - FOR SALE
1/3
null | 5.75% Cap Rate

2640 Wilma Rudolph Blvd
Clarksville, TN 37040


HIGHLIGHTS

  • Bonus Depreciation
  • High-Traffic Wilma Rudolph Boulevard Frontage
  • Long-Term NNN Lease with Annual Rent Increases
  • Favorable and Growing Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Mister Car Wash located at 2640 Wilma Rudolph Boulevard, Clarksville, TN 37040. The site consists of roughly 4,462 rentable square feet of building space on an estimated .66-acre parcel of land. Mister Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 7/11/2017. The current annual rent is $236,961 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$4,121,058 USD

PRICE/SF

$967 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mister Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

C-5

APN/PARCEL ID

041-017.02

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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