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500 W Lancaster Ave - Flagship Car Wash 6,000 SF Specialty Building Offered at $9,521,500 CAD at a 6.35% Cap Rate in Strafford, PA 19087
Investment Highlights
- Bonus Depreciation Opportunity
- Strong & Affluent Demographics
- Flagship Carwash Corporate Guarantee
- Strong Retail Corridor
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagship Car Wash located at 500 Lancaster Avenue, Strafford, PA 19087. The site consists of roughly 6,000 rentable square feet of building space on an estimated .99-acre parcel of land. This Flagship Carwash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $441,325 and has scheduled increases of 1.50% annually.
Property Facts
| Price | $9,521,500 CAD | Building Class | B |
| Price Per SF | $1,586.92 CAD | Lot Size | 0.99 AC |
| Sale Type | Investment | Building Size | 6,000 SF |
| Cap Rate | 6.35% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2005 |
| Property Subtype | Car Wash | ||
| Zoning | C-3 | ||
| Price | $9,521,500 CAD |
| Price Per SF | $1,586.92 CAD |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.99 AC |
| Building Size | 6,000 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Zoning | C-3 |
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 36-06-03627-00 | Improvements Assessment | $646,832 CAD |
| Land Assessment | $1,407,963 CAD | Total Assessment | $2,054,795 CAD |
Property Taxes
Parcel Number
36-06-03627-00
Land Assessment
$1,407,963 CAD
Improvements Assessment
$646,832 CAD
Total Assessment
$2,054,795 CAD
Contacts
-
James
Westerberg
-
Robert
Stein
-
Tyler
Hardin
-
Glen
Kunofsky
-
Christopher
Marks
-
Peter
Deltondo
-
Andre
Thompson
-
Brian
Brockman
-
Timothy
Stephenson, Jr.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
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500 W Lancaster Ave - Flagship Car Wash
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