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5130 Copper Creek Blvd - Whistle Express 4,750 SF Specialty Building Offered at $6,296,682 CAD at a 5.75% Cap Rate in Millington, TN 38053
Investment Highlights
- Long-Term 29-Year Triple Net Lease
- Passive NNN Structure
- Strong Current Rent With Future Growth
- Established Operating Location
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 5130 Copper Creek Boulevard, Millington, TN 38053. The site consists of roughly 4,753 rentable square feet of building space on an estimated 1.37-acre parcel of land. Whistle Express is subject to a 29-year Triple Net (NNN) lease, which commenced 12.31.2020. The current annual rent is $264,522 and has scheduled increases of 1.90% Annually beginning 1/1/2030.
Property Facts
| Price | $6,296,682 CAD | Building Class | B |
| Price Per SF | $1,324.78 CAD | Lot Size | 1.37 AC |
| Sale Type | Investment | Building Size | 4,753 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Zoning | B-2 | ||
| Price | $6,296,682 CAD |
| Price Per SF | $1,324.78 CAD |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.37 AC |
| Building Size | 4,753 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Opportunity Zone |
Yes |
| Zoning | B-2 |
Property Taxes
| Parcel Number | M0-115-0-0965 | Improvements Assessment | $580,013 CAD |
| Land Assessment | $396,767 CAD | Total Assessment | $976,780 CAD |
Property Taxes
Parcel Number
M0-115-0-0965
Land Assessment
$396,767 CAD
Improvements Assessment
$580,013 CAD
Total Assessment
$976,780 CAD
Contacts
-
Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
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5130 Copper Creek Blvd - Whistle Express
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