4865 Tanger Outlet Blvd - Car Washes FOR SALE


North Charleston, SC 29418
$7,274,341 USD
512-573-0101
4865 Tanger Outlet Blvd, North Charleston, SC for Sale
$7,274,341 USD
Car Washes - FOR SALE
1/9
null | 6.15% Cap Rate

4865 Tanger Outlet Blvd
North Charleston, SC 29418


HIGHLIGHTS

  • Convenient Access: Easy ingress and egress to the site
  • Site located within the World-Class 1+ Million SF Centre Point Mixed-Use Community
  • Less than 10 minutes from Charleston International Airport (4.2M annual passengers)
  • Adjacent to Charleston Conventional Center (150,000+ SF)

OVERVIEW

Stonecliff is proud to offer the fee simple interest in Whistle Express, situated at 4865 Tanger Outlet Blvd, Charleston, SC. This offering represents a compelling investment opportunity backed by one of the fastest-growing express car wash operators in the country, featuring zero landlord responsibilities and built-in annual rent growth. Strategically positioned along Tanger Outlet Boulevard, which sees approximately 26,900 vehicles per day, the site benefits from high visibility and seamless access to I-26 and I-526, which draw over 106,000 and 82,000 vehicles daily, respectively. The property is directly adjacent to the popular Tanger Outlets and just minutes from Charleston International Airport, further enhancing its consumer reach and traffic exposure. Whistle Express, one of the fastest-growing express car wash operators in the country with 530 locations across 23 states, has signed a 20-year triple-net (NNN) lease with 2% annual rental increases and multiple renewal options. This investment offers long-term tenant stability, consistent income growth, and a prime location along one of Charleston’s highest-traffic corridors.

FOR SALE DETAILS

PRICE

$7,274,341 USD

PRICE/SF

$2,598 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

COM

APN/PARCEL ID

400-00-00-138

ASK ABOUT THIS PROPERTY

Teddy LeonardStonecliff Real EstateMore Info
512-573-0101

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Teddy LeonardStonecliff Real EstateMore Info
512-573-0101

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