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3741 S Memorial Dr - Whistle Express 5,000 SF Specialty Building Offered at $5,491,364 CAD at a 6% Cap Rate in Greenville, NC 27834
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 3741 S Memorial Dr, Greenville, NC 27834. The site consists of roughly 4,799 rentable square feet of building space on an estimated 1.12-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 $238,940 and has scheduled increases of 1.50% annually
PROPERTY FACTS
| Price | $5,491,364 CAD | Building Class | B |
| Price Per SF | $1,098.27 CAD | Lot Size | 1.12 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2018 |
| Property Subtype | Car Wash | ||
| Zoning | CH | ||
| Price | $5,491,364 CAD |
| Price Per SF | $1,098.27 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.12 AC |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built | 2018 |
| Zoning | CH |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 024227 | Improvements Assessment | $889,350 CAD |
| Land Assessment | $963,124 CAD | Total Assessment | $1,852,474 CAD |
PROPERTY TAXES
Parcel Number
024227
Land Assessment
$963,124 CAD
Improvements Assessment
$889,350 CAD
Total Assessment
$1,852,474 CAD
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3741 S Memorial Dr - Whistle Express
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