6 Marketplace Way - Freestanding FOR SALE


Phenix City, AL 36867
$4,800,000 USD
914-403-7574
6 Marketplace Way, Phenix City, AL for Sale
$4,800,000 USD
Freestanding - FOR SALE
1/3
null | 6.25% Cap Rate

6 Marketplace Way
Phenix City, AL 36867


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Strong Performing Adjacent Tenants and Traffic Counts
  • Bonus Depreciation
  • Surrounded by Essential Retail and Daily Needs Tenants

OVERVIEW

Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 6 Marketplace Way, Phenix City, AL 36867 . The site consists of roughly 3,802 rentable square feet of building space on an estimated 0.95-acre parcel of land. This Caliber Car Wash is subject to a 22-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $300,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$1,262 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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