8671 Highway 17 Byp - Car Washes FOR SALE


Myrtle Beach, SC 29575
$7,700,000 USD
310-363-4900
8671 Highway 17 Byp, Myrtle Beach, SC for Sale
$7,700,000 USD
Car Washes - FOR SALE
1/11
null | 6.34% Cap Rate

8671 Highway 17 Byp
Myrtle Beach, SC 29575


HIGHLIGHTS

  • LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
  • CORPORATE GUARANTY LARGEST CAR WASH OPERATOR IN THE US
  • LOCATED IN DOMINANT RETAIL CORRIDOR
  • QUALIFIES FOR ACCELERATED AND BONUS DEPRECIATION
  • EXCELLENT SITE-LEVEL VISIBILITY

OVERVIEW

PRICING: $7,700,000 CAP RATE: 6.34% NOI: $488,516 LEASE TERM: 17.5+ YEARS INCREASES: 2% ANNUALLY

FOR SALE DETAILS

PRICE

$7,700,000 USD

PRICE/SF

$2,139 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express Car Wash | Myrtle Beach, SC

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

C1

APN/PARCEL ID

447-16-04-0002

ASK ABOUT THIS PROPERTY

Nate BarnesCBREMore Info
310-363-4900

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Nate BarnesCBREMore Info
310-363-4900

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