3404 N Roxboro St - Car Washes FOR SALE


Durham, NC 27704- Weaver | 
$5,474,607 USD
914-403-7574
3404 N Roxboro St, Durham, NC for Sale
$5,474,607 USD
Car Washes - FOR SALE
1/3
null | 6.15% Cap Rate

3404 N Roxboro St
Durham, NC 27704
Weaver


HIGHLIGHTS

  • Bonus Depreciation
  • Long-Term NNN Lease with Annual Rent Increases
  • Established Multi-Unit Guarantee
  • High-Traffic North Roxboro Street Frontage

OVERVIEW

Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 3404 North Roxboro Street, Durham, NC 27704. The site consists of roughly 3,058 rentable square feet of building space on an estimated 1.39-acre parcel of land. Caliber Car Wash is subject to a 17-year Triple Net (NNN) lease, which commenced 4/12/2024. The current annual rent is $336,688 and has scheduled increases of 1.50% Annually

FOR SALE DETAILS

PRICE

$5,474,607 USD

PRICE/SF

$1,790 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,695 SF

ZONING

CC(D)

APN/PARCEL ID

128523,172081

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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