Log In/Sign Up
Your email has been sent.
2790 North Rd - Tidal Wave Auto Spa 3,700 SF Specialty Building Offered at $8,887,823 CAD at a 6% Cap Rate in Orangeburg, SC 29118
EXECUTIVE SUMMARY
This newly constructed 2023 property offers a corporate-guaranteed absolute NNN lease with 18 years remaining, making it a recession-proof and internet-resistant investment. The lease includes 2% annual rent increases throughout the initial term and option periods, yielding an average return of 8.01% over the remaining lease term. Located on North Road with excellent visibility and access, the site benefits from over 28,000 vehicles per day. Additionally, the guarantor operates 282 locations across 31 states, providing further stability. The property is situated in a densely populated area with over 24,000 people living within a 3-mile radius.
PROPERTY FACTS
| Price | $8,887,823 CAD | Building Class | B |
| Price Per SF | $2,402.11 CAD | Lot Size | 2.15 AC |
| Sale Type | Investment | Building Size | 3,700 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash |
| Price | $8,887,823 CAD |
| Price Per SF | $2,402.11 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 2.15 AC |
| Building Size | 3,700 SF |
| No. Stories | 1 |
| Year Built | 2023 |
1 1
PROPERTY TAXES
| Parcel Number | 0151-10-01-009.000 | Improvements Assessment | $82,933 CAD |
| Land Assessment | $381,764 CAD | Total Assessment | $464,697 CAD |
PROPERTY TAXES
Parcel Number
0151-10-01-009.000
Land Assessment
$381,764 CAD
Improvements Assessment
$82,933 CAD
Total Assessment
$464,697 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2790 North Rd - Tidal Wave Auto Spa
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.