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1301 Old County Rd - Ducky's Express Car Wash 7,105 SF Specialty Building Offered at $6,500,000 at a 6% Cap Rate in San Carlos, CA 94070
Investment Highlights
- Corporate Credit with Strong Institutional Backing
- Long Term Absolute True Triple Net Lease
- Bonus Depreciation
- Surrounded by Dense Residential and Retail
Executive Summary
Surmount is pleased to present the exclusive listing for a Ducky's Express Car Wash located at 1301 Old County Road in San Carlos, CA. The site consists of roughly 7,105 rentable square feet of building space on an estimated 0.83-acre parcel of land. The annual rent will be $390,000 with scheduled increases of 2.00% annually.
Property Facts
| Price | $6,500,000 | Building Class | C |
| Price Per SF | $914.85 | Lot Size | 0.82 AC |
| Sale Type | Investment | Building Size | 7,105 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2014 |
| Property Subtype | Car Wash | Tenancy | Single |
| Zoning | M-1 | ||
| Price | $6,500,000 |
| Price Per SF | $914.85 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 7,105 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Tenancy | Single |
| Zoning | M-1 |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 046-191-100 | Improvements Assessment | $37,884 |
| Land Assessment | $5,374,274 | Total Assessment | $5,412,158 |
Property Taxes
Parcel Number
046-191-100
Land Assessment
$5,374,274
Improvements Assessment
$37,884
Total Assessment
$5,412,158
Contacts
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Ryan Sblendorio -
Gordon Pollock -
Glen Kunofsky -
Christopher Marks -
Thomas Jonsson -
Surmount
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1301 Old County Rd - Ducky's Express Car Wash
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