7600 Harpers Green Way - Car Washes FOR SALE
Chesterfield, VA 23832 |
$6,071,429 USD
332-345-4222
7600 Harpers Green Way
Chesterfield, VA 23832
HIGHLIGHTS
- 20-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand-new 20-year absolute triple-net lease.
- Attractive Rent Increases | The lease will feature scheduled increases of 1.50% annually.
- Strong Corporate Guarantee | The lease will be subject to a strong corporate guarantee from Flagstop Car Wash, which operates 21 units and counting.
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Flagstop Car Wash located at 7600 Harpers Green Way, Chesterfield, Virginia 23832. The site consists of roughly 5500 rentable square feet of building space on an estimated 5.69-acre parcel of land. This Flagstop Car Wash is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $425,000 and has scheduled increases of 1.50% Annually.
FOR SALE DETAILS
PRICE
$6,071,429 USD
PRICE/SF
$1,104 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Flagstop Car Wash Sale-Leaseback
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.7 AC
LAND SF
248,144 SF
ZONING
-
APN/PARCEL ID
712-66-82-17-700-000
ASK ABOUT THIS PROPERTY
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332-345-4222
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332-345-4222
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