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10003 Macon Rd - Whistle Express 3,605 SF Specialty Building Offered at $4,600,391 at a 5.75% Cap Rate in Cordova, TN 38018
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Strong Income-Producing Asset in a High-Income Market
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Whistle Express located at 10003 Macon Rd, Cordova, TN. The site consists of roughly 3,605 rentable square feet of building space on an estimated 1.69-acre parcel of land. The current annual rent is $264,522 and has scheduled increases of 1.90% Annual Beginning 1/1/2030.
PROPERTY FACTS
| Price | $4,600,391 | Building Class | C |
| Price Per SF | $1,276.11 | Lot Size | 1.69 AC |
| Sale Type | Investment | Building Size | 3,605 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Car Wash | ||
| Zoning | C-2 | ||
| Price | $4,600,391 |
| Price Per SF | $1,276.11 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.69 AC |
| Building Size | 3,605 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Zoning | C-2 |
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
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10003 Macon Rd - Whistle Express
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