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1140 N Broad St NE - Whistle Express 3,178 SF Specialty Building Offered at $4,376,811 at a 6.25% Cap Rate in Rome, GA 30161
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 1140 N Broad St, Rome, GA 30161. The site consists of roughly 3,178 rentable square feet of building space on an estimated 1.46-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 $273,551 and has scheduled increases of 1.50% annually
Property Facts
| Price | $4,376,811 | Building Class | C |
| Price Per SF | $1,377.22 | Lot Size | 2.40 AC |
| Sale Type | Investment NNN | Building Size | 3,178 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2015 |
| Property Subtype | Car Wash |
| Price | $4,376,811 |
| Price Per SF | $1,377.22 |
| Sale Type | Investment NNN |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 2.40 AC |
| Building Size | 3,178 SF |
| No. Stories | 1 |
| Year Built | 2015 |
Property Taxes
| Parcel Number | J13O-076A | Improvements Assessment | $0 |
| Land Assessment | $28,050 | Total Assessment | $28,050 |
Property Taxes
Parcel Number
J13O-076A
Land Assessment
$28,050
Improvements Assessment
$0
Total Assessment
$28,050
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1140 N Broad St NE - Whistle Express
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