3500 N Nebo Rd - Car Washes FOR SALE


Muncie, IN 47304- North Muncie
$3,740,351 USD
203-253-9455
3500 N Nebo Rd, Muncie, IN for Sale
$3,740,351 USD
Car Washes - FOR SALE
1/3
null | 6% Cap Rate

3500 N Nebo Rd
Muncie, IN 47304
North Muncie


HIGHLIGHTS

  • Bonus Depreciation
  • Lease Guaranteed By Whistle Express & Site Operated By Tsunami Express
  • Priced Below Development Costs
  • Long-Term Absolute NNN Lease

OVERVIEW

3500 N Nebo Road offers a premier net-lease investment opportunity strategically positioned in a high-traffic corridor of North Muncie, Indiana. This newly constructed (2020) Tsunami Express Car Wash is backed by a Whistle Express guarantee, ensuring substantial creditworthiness and operational strength from an established operator within the fast-growing express car wash sector. The ±6,269 SF facility incorporates modern construction standards and operational technology. With a long-term absolute NNN lease, the investment requires zero landlord responsibility, providing a passive and predictable income stream for investors. The lease terms benefit from inflation-hedged increases and corporate backing. Positioned on 1.41 acres within the C-2 commercial zone, the site combines superior accessibility with exceptional visibility, capturing strong traffic patterns from nearby arterial routes in a thriving Muncie retail corridor. This investment offers bonus depreciation benefits and an acquisition price below development costs, further enhancing long-term yield and asset value.

FOR SALE DETAILS

PRICE

$3,740,351 USD

PRICE/SF

$597 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tsunami Express Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

C-2

APN/PARCEL ID

18-06-36-351-010.000-043

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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