Log In/Sign Up
Your email has been sent.
108 E Adams Ave - Whistle Express 3,927 SF Specialty Building Offered at $6,936,446 at a 6.25% Cap Rate in Lebanon, TN 37087
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 108 E Adams Avenue, Lebanon, TN 37087. The site consists of roughly 3,927 rentable square feet of building space on an estimated 0.81-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 $433,528 and has scheduled increases of 1.50% annually.
Property Facts
| Price | $6,936,446 | Building Class | C |
| Price Per SF | $1,766.35 | Lot Size | 0.81 AC |
| Sale Type | Investment | Building Size | 3,927 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Property Subtype | Car Wash | ||
| Zoning | B4 | ||
| Price | $6,936,446 |
| Price Per SF | $1,766.35 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 3,927 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Zoning | B4 |
Amenities
- Signage
Property Taxes
| Parcel Number | 068M-E-003.00 | Improvements Assessment | $0 |
| Land Assessment | $17,520 | Total Assessment | $17,520 |
Property Taxes
Parcel Number
068M-E-003.00
Land Assessment
$17,520
Improvements Assessment
$0
Total Assessment
$17,520
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
108 E Adams Ave - Whistle Express
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.