HIGHLIGHTS
- Priced Below Development Costs This Tsunami Express Car Wash - Lease Guaranteed By Whistle Express
- Bonus Depreciation This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership
- Well Situated Asset | Site Located 5.5 Miles East Of Downtown Columbus & In Direct Proximity Of John Glenn Columbus International Airport
OVERVIEW
Surmount is pleased to present the exclusive listing for a Tsunami Express Car Wash located at 3911 East Broad Street, Whitehall, Ohio 43213. The site consists of roughly 4380 rentable square feet of building space on an estimated 0.92-acre parcel of land. This Tsunami Express Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 7/19/2019. The current annual rent is $219,178 and has scheduled increases of 1.75% Annually.
FOR SALE DETAILS
PRICE
$3,371,953 USD
PRICE/SF
$897 USD /SF
CAP RATE
6.5%
% 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
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,080 SF
ZONING
-
APN/PARCEL ID
090-008404
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332-345-4220
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332-345-4220
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