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111 Martin Luther King Jr Blvd - Take 5 Car Wash - Whistle Express Guaranty 2,968 SF Specialty Building Offered at $5,651,165 CAD at a 5.75% Cap Rate in Dickson, TN 37055
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 111 Martin Luther King Jr Blvd, Dickson, TN 37055. The site consists of roughly 2,907 rentable square feet of building space on an estimated 1.06-acre parcel of land. The current annual rent is $232,780 and has scheduled increases of 1.90% annual beginning 1/1/2030.
PROPERTY FACTS
| Price | $5,651,165 CAD | Building Class | C |
| Price Per SF | $1,943.99 CAD | Lot Size | 1.06 AC |
| Sale Type | Investment | Building Size | 2,907 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Price | $5,651,165 CAD |
| Price Per SF | $1,943.99 CAD |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 2,907 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Opportunity Zone |
Yes |
1 1
PROPERTY TAXES
| Parcel Number | 110E-B-002.01 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $501,470 CAD |
PROPERTY TAXES
Parcel Number
110E-B-002.01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$501,470 CAD
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111 Martin Luther King Jr Blvd - Take 5 Car Wash - Whistle Express Guaranty
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