602 E End Blvd N - Car Washes FOR SALE


Marshall, TX 75670
$5,769,231 USD
332-345-7294
602 E End Blvd N, Marshall, TX for Sale
$5,769,231 USD
Car Washes - FOR SALE
1/2
null | 6.5% Cap Rate

602 E End Blvd N
Marshall, TX 75670


OVERVIEW

Surmount is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 602 E End Blvd N, Marshall, TX 75672. The site consists of roughly 2,973 rentable square feet of building space on an estimated 4.0-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease which which commenced on 12/28/2022. The annual rent is $375,000 and has scheduled increases of 2.00% annually starting December 2029.

FOR SALE DETAILS

PRICE

$5,769,231 USD

PRICE/SF

$1,941 USD /SF

CAP RATE

6.5%

% 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

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

R000026242

ASK ABOUT THIS PROPERTY

Gordon PollockSurmountMore Info
332-345-7294

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Gordon PollockSurmountMore Info
332-345-7294

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