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Take 5 Car Wash 351 S Columbia Ave 4,266 SF Retail Building Rincon, GA 31326 $6,773,095 CAD ($1,587.69 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Modern Express Car Wash Prototype
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 351 South Columbia Avenue, Rincon, GA, 31326. The site consists of roughly 4,266 rentable square feet of building space on an estimated 1.07-acre parcel of land. The current annual rent is $280,394 and has scheduled increases of 1.90% annual beginning 1/1/2030.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
4,266 SF
Building Class
B
Year Built/Renovated
2016/2022
Price
$6,773,095 CAD
Price Per SF
$1,587.69 CAD
Cap Rate
5.75%
NOI
$389,453 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.07 AC
Zoning
GC
Frontage
116’ on South Columbia Avenue
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R2120-00000-005-000 | Improvements Assessment | $122,640 CAD |
| Land Assessment | $231,512 CAD | Total Assessment | $354,151 CAD |
PROPERTY TAXES
Parcel Number
R2120-00000-005-000
Land Assessment
$231,512 CAD
Improvements Assessment
$122,640 CAD
Total Assessment
$354,151 CAD
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Take 5 Car Wash | 351 S Columbia Ave
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