4635 Matlock Rd - Car Washes FOR SALE


Arlington, TX 76018- South Arlington
$5,368,255 USD
203-887-8797
4635 Matlock Rd, Arlington, TX for Sale
$5,368,255 USD
Car Washes - FOR SALE
1/2
null | 6.75% Cap Rate

4635 Matlock Rd
Arlington, TX 76018
South Arlington


HIGHLIGHTS

  • Long Term Absolute Triple-Net (NNN) Lease
  • Extremely Attractive Annual Rent Increases
  • Strong Corporate Guaranty

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Caliber Car Wash located at 4635 Matlock Rd, Arlington, TX 76018. The site consists of roughly 5,610 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 3/31/2023. The current annual rent is $362,357 and has scheduled increases of 1.75% annually.

FOR SALE DETAILS

PRICE

$5,368,255 USD

PRICE/SF

$957 USD /SF

CAP RATE

6.75%

% 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

7

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,648 SF

ZONING

-

APN/PARCEL ID

40079635

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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