3741 S Memorial Dr - Car Washes FOR SALE


Greenville, NC 27834
$3,982,337 USD
332-345-4206
3741 S Memorial Dr, Greenville, NC for Sale
$3,982,337 USD
Car Washes - FOR SALE
1/3
null | 6% Cap Rate

3741 S Memorial Dr
Greenville, NC 27834


HIGHLIGHTS

  • Long Term Absolute Triple Net (NNN) Lease
  • Accelerated and Bonus Depreciation
  • Annual Rental Increases
  • Corporate Guarantee

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 3741 S Memorial Dr, Greenville, NC 27834. The site consists of roughly 4,799 rentable square feet of building space on an estimated 1.12-acre parcel of land. This Whistle Express is subject to a 17-year Triple Net (NNN) lease, which commenced 3/30/2021. The current annual rent is $238,940 and has scheduled increases of 1.50% annually

FOR SALE DETAILS

PRICE

$3,982,337 USD

PRICE/SF

$796 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

CH

APN/PARCEL ID

024227

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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Russell WachtlerSurmountMore Info
332-345-4206

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