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7465 Richlands Hwy - Whistle Express 5,200 SF Specialty Building Offered at $8,185,677 CAD at a 6.75% Cap Rate in Richlands, NC 28574
Investment Highlights
- Bonus Depreciation Opportunity
- Long - Term Corporate Lease
- Brand New Construction
- Prime Retail Corridor
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Whistle Express Car Wash located at 7465 Richlands Highway, Richlands, North Carolina 28574. The site consists of roughly 5200 rentable square feet of building space on an estimated 1.38-acre parcel of land. This Whistle Express Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 6/1/2024. The current annual rent is $392,288 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $8,185,677 CAD | Lot Size | 1.38 AC |
| Price Per SF | $1,574.17 CAD | Building Size | 5,200 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.75% | Year Built | 2024 |
| Property Type | Specialty |
| Price | $8,185,677 CAD |
| Price Per SF | $1,574.17 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Lot Size | 1.38 AC |
| Building Size | 5,200 SF |
| No. Stories | 1 |
| Year Built | 2024 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Contacts
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Edward Otocka -
Amelia Haydock -
Joseph Kelly -
Glen Kunofsky -
Christopher Marks -
Surmount
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Photos
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Map
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7465 Richlands Hwy - Whistle Express
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