4934 Water Tower Blvd - Car Washes FOR SALE


Liberty Twp, OH 45011
$4,250,000 USD
415-231-5231
4934 Water Tower Blvd, Liberty Twp, OH for Sale
$4,250,000 USD
Car Washes - FOR SALE
1/9
null | 6.15% Cap Rate

4934 Water Tower Blvd
Liberty Twp, OH 45011


HIGHLIGHTS

  • Over 17 Years Remaining | Corporate Signed | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Bridgewater Falls (628,000 SF) | State Highway 129 (48,900 VPD) |Indian Springs Market Center (146,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate signed, WhiteWater Express Car Wash investment property located in Hamilton, Ohio. The tenant, White Water Express Car Wash I, LLC has over 17 years remaining with 4 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features annual 1.5% rental increases throughout the initial term and FMV increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$1,274 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WhiteWater Express Car Wash | 17yr Abs NNN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

D2050-029-000-056

ASK ABOUT THIS PROPERTY

Jeff GatesSRS Real Estate PartnersMore Info
415-231-5231

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Jeff GatesSRS Real Estate PartnersMore Info
415-231-5231

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