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11910 M St - Tidal Wave Auto Spa 5,554 SF Specialty Building Offered at $5,836,633 at a 6% Cap Rate in Omaha, NE 68137
Investment Highlights
- Excellent Demographics
- Strong Corporate Guarantee | Over 300 Locations
- Long Term NNN Lease with 2% Annual Increases
- Bonus Depreciation
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 11910 M Street, Omaha, NE 68137. The site consists of roughly 5,554 rentable square feet of building space on an estimated 1.79-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 10/18/2022. The current annual rent is $350,198 and has scheduled increases of 2.00% annually.
Property Facts
| Price | $5,836,633 | Building Class | C |
| Price Per SF | $1,050.89 | Lot Size | 1.79 AC |
| Sale Type | Investment | Building Size | 5,554 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2004/2022 |
| Property Subtype | Car Wash | Tenancy | Single |
| Zoning | CC - Community Commercial | ||
| Price | $5,836,633 |
| Price Per SF | $1,050.89 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.79 AC |
| Building Size | 5,554 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2004/2022 |
| Tenancy | Single |
| Zoning | CC - Community Commercial |
Property Taxes
| Parcel Number | 1014-0540-25 | Improvements Assessment | $1,045,700 |
| Land Assessment | $488,200 | Total Assessment | $1,533,900 |
Property Taxes
Parcel Number
1014-0540-25
Land Assessment
$488,200
Improvements Assessment
$1,045,700
Total Assessment
$1,533,900
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11910 M St - Tidal Wave Auto Spa
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