763 Bakerfields Way - Car Washes FOR SALE


Bowling Green, KY 42104 | 
$2,480,551 USD
914-403-7574
763 Bakerfields Way, Bowling Green, KY for Sale
$2,480,551 USD
Car Washes - FOR SALE
1/3
null | 6.25% Cap Rate

763 Bakerfields Way
Bowling Green, KY 42104


HIGHLIGHTS

  • Bonus Depreciation
  • Positioned Near Major Retail Destinations
  • Long-Term NNN Lease with Annual Rent Increases
  • High-Traffic Campbell Lane Location

OVERVIEW

Surmount and Bang Realty is pleased to present the exclusive listing for a Waterworks Auto Wash located at 763 Bakerfields Way, Bowling Green, KY 42104. The site consists of roughly 3,955 rentable square feet of building space on an estimated 2.6-acre parcel of land. Waterworks Auto Wash is subject to a 25-year Triple Net (NNN) lease, which commenced 9/14/2023. The current annual rent is $155,034 and has scheduled increases of 2.75% Annually

FOR SALE DETAILS

PRICE

$2,480,551 USD

PRICE/SF

$614 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waterworks Auto Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

C-1

APN/PARCEL ID

041D-01A-005

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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