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1114 S Lynn Riggs Blvd - Take 5 Car Wash 912 SF Specialty Building Offered at $3,404,289 at a 5.75% Cap Rate in Claremore, OK 74017
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- High Traffic Retail Corridor on U.S. Highway 66
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 1114 South Lynn Riggs Boulevard, Claremore, OK, 74017. The site consists of roughly 5,372 rentable square feet of building space on an estimated 0.94-acre parcel of land. The current annual rent is $195,747 and has scheduled increases of 1.90% annual beginning 1/1/2030.
PROPERTY FACTS
| Price | $3,404,289 | Lot Size | 0.94 AC |
| Price Per SF | $633.71 | Building Size | 5,372 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.75% | Year Built | 2014 |
| Property Type | Specialty | No. Drive In / Grade-Level Doors | 2 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $3,404,289 |
| Price Per SF | $633.71 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.94 AC |
| Building Size | 5,372 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Number | 660016313 | Improvements Assessment | $108,310 |
| Land Assessment | $55,001 | Total Assessment | $163,311 |
PROPERTY TAXES
Parcel Number
660016313
Land Assessment
$55,001
Improvements Assessment
$108,310
Total Assessment
$163,311
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1114 S Lynn Riggs Blvd - Take 5 Car Wash
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