417 N Highway 52 - Car Washes FOR SALE


Moncks Corner, SC 29461
$5,102,266 USD
332-345-4220
417 N Highway 52, Moncks Corner, SC for Sale
$5,102,266 USD
Car Washes - FOR SALE
1/2
null | 6% Cap Rate

417 N Highway 52
Moncks Corner, SC 29461


HIGHLIGHTS

  • Outstanding Store Sales | High Performing Car Wash
  • Outstanding Long-Term Site History and Tenant Commitment
  • Strong Corporate Guarantee
  • Accelerated Depreciation
  • Large Property & Building | Over 9,000 SF on Nearly 2 Acres

OVERVIEW

SURMOUNT™ is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 417 N US Highway 52, Moncks Corner, SC 29461. The site consists of roughly 9,050 rentable square feet of building space on an estimated 1.85-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/16/2022. The current annual rent is $306,136 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$5,102,266 USD

PRICE/SF

$498 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tidal Wave Auto Spa

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

C-2

APN/PARCEL ID

143-01-02-017

ASK ABOUT THIS PROPERTY

Richard NardiSurmountMore Info
332-345-4220

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Richard NardiSurmountMore Info
332-345-4220

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