669 Highway 51 - Car Washes FOR SALE


Ridgeland, MS 39157- Outer Ridgeland/Madison
$1,851,657 USD
332-345-4220
669 Highway 51, Ridgeland, MS for Sale
$1,851,657 USD
Car Washes - FOR SALE
1/2
null | 6% Cap Rate

669 Highway 51
Ridgeland, MS 39157
Outer Ridgeland/Madison


HIGHLIGHTS

  • Over 24 Years Remaining | True Triple Net Lease
  • Bonus Depreciation
  • Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 669 U.S. 51, Ridgeland, MS. The site consists of roughly 4,445 rentable square feet of building space on an estimated 0.92-acre parcel of land. The current annual rent is $111,099 and has scheduled increases of 1.90% annual beginning 1/1/2030.

FOR SALE DETAILS

PRICE

$1,851,657 USD

PRICE/SF

$417 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Car Wash - Whistle Express Guaranty

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

072D-19A-032-02-00

ASK ABOUT THIS PROPERTY

Richard NardiSurmountMore Info
332-345-4220

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Richard NardiSurmountMore Info
332-345-4220

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