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2207 E Main St - Whistle Express 45,782 SF Specialty Building Offered at $3,389,713 CAD at a 6% Cap Rate in Russellville, AR 72802
Investment Highlights
- Over 23 Years Remaining | Absolute NNN Lease
- Nation’s Largest Express Car Wash Operator
- Regional Education Hub | 15,000+ Students
- Bonus Depreciable Asset
- Regional Retail Hub | $1.13 Billion+ in Annual Retail Sales
- Proximity to Major Regional Healthcare Hub
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 2207 East Main Street, Russellville, AR 72802. The site consists of roughly 4,629 rentable square feet of building space on an estimated 1.71-acre parcel of land. Whistle Express is subject to a 27-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $147,286 and has scheduled increases of 1.90% Annually beginning 1/1/2030.
Property Facts
| Price | $3,389,713 CAD | Building Class | C |
| Price Per SF | $732.28 CAD | Lot Size | 1.71 AC |
| Sale Type | Investment NNN | Building Size | 4,629 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Price | $3,389,713 CAD |
| Price Per SF | $732.28 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.71 AC |
| Building Size | 4,629 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Opportunity Zone |
Yes |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 863-30138-000C | Improvements Assessment | $206,730 CAD |
| Land Assessment | $173,258 CAD | Total Assessment | $379,988 CAD |
Property Taxes
Parcel Number
863-30138-000C
Land Assessment
$173,258 CAD
Improvements Assessment
$206,730 CAD
Total Assessment
$379,988 CAD
Contacts
-
Maraposa Cambria -
Stewart Hickey -
Anthony D'Ambrosia -
Glen Kunofsky -
Christopher Marks -
Surmount
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2207 E Main St - Whistle Express
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