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1870 S Church St - Take 5 Car Wash 4,350 SF Specialty Building Offered at $5,171,599 CAD at a 6.15% Cap Rate in Murfreesboro, TN 37130
Investment Highlights
- Long Term Absolute Triple Net (NNN) Lease
- Annual Rental Increases
- Accelerated and Bonus Depreciation
- Corporate Guarantee
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 1870 S Church St, Murfreesboro, TN 37130. The site consists of roughly 4,350 rentable square feet of building space on an estimated 1.3-acre parcel of land. This Whistle Express is subject to a 17-year Triple Net (NNN) lease, which commenced 3/30/2021. The current annual rent is $233,136 and has scheduled increases of 1.50% annually
Property Facts
| Price | $5,171,599 CAD | Building Class | C |
| Price Per SF | $1,188.87 CAD | Lot Size | 1.30 AC |
| Sale Type | Investment | Building Size | 4,350 SF |
| Cap Rate | 6.15% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2009 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Price | $5,171,599 CAD |
| Price Per SF | $1,188.87 CAD |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 4,350 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Opportunity Zone |
Yes |
| Zoning | C |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 113-010.05-000 | Improvements Assessment | $376,994 CAD |
| Land Assessment | $687,454 CAD | Total Assessment | $1,064,448 CAD |
Property Taxes
Parcel Number
113-010.05-000
Land Assessment
$687,454 CAD
Improvements Assessment
$376,994 CAD
Total Assessment
$1,064,448 CAD
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1870 S Church St - Take 5 Car Wash
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