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110 N Beltline Dr - Caliber Car Wash 3,754 SF Specialty Building Offered at $4,769,231 at a 6.50% Cap Rate in Florence, SC 29501
Investment Highlights
- Long Term Absolute Triple-Net (NNN) Lease | This Caliber Car Wash is subject to a long term 20-year NNN lease with about 17.5 years remaining
- Strong Corporate Guaranty | Caliber Car Wash has a corporate guarantee from Clydesdale Holdings, LLC
- Brand New Construction | Site Built & Opened in 2023 | This location was newly constructed and delivered in 2023
- Lower Price Point For New Construction Car Wash | Priced under $5 million
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Caliber Car Wash located at 110 N Beltline Drive, Florence, SC 29501. The site consists of roughly 3,754 rentable square feet of building space on an estimated 1.07-acre parcel of land. This Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $310,000 and has scheduled increases of 2.00% annually beginning 1/1/2029.
Property Facts
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 00099-01-048 | Improvements Assessment | $107,736 |
| Land Assessment | $33,400 | Total Assessment | $141,136 |
Property Taxes
Parcel Number
00099-01-048
Land Assessment
$33,400
Improvements Assessment
$107,736
Total Assessment
$141,136
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110 N Beltline Dr - Caliber Car Wash
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