8833 Staples Mill Rd - Car Washes FOR SALE


Richmond, VA 23228
$4,923,077 USD
332-345-4222
8833 Staples Mill Rd, Richmond, VA for Sale
$4,923,077 USD
Car Washes - FOR SALE
1/2
null | 6.5% Cap Rate

8833 Staples Mill Rd
Richmond, VA 23228


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Brand New 20-Year Triple Net (NNN) Lease
  • Established Regional Operator
  • Essential and High-Demand Industry

OVERVIEW

Surmount is pleased to present the exclusive listing for a Flagstop Car Wash located at 8833 Staples Mill Rd, Richmond, VA 23228. The site consists of roughly 3,299 rentable square feet of building space on an estimated 0.91-acre parcel of land. This Flagstop Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2022. The annual rent will be $320,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$4,923,077 USD

PRICE/SF

$1,476 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagstop Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B1

APN/PARCEL ID

770-756-1815

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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