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1360 Airport Rd - Whistle Express 4,714 SF Specialty Building Offered at $2,727,518 at a 6% Cap Rate in Hot Springs, AR 71913
Investment Highlights
- Over 24 Years Remaining | True Triple net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Robust Traffic Counts
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 1360 Airport Road, Hot Springs, AR. The site consists of roughly 4,714 rentable square feet of building space on an estimated 1.77-acre parcel of land. The current annual rent is $163,651 and has scheduled increases of 1.90% Annually beginning 1/1/2030.
Property Facts
| Price | $2,727,518 | Building Class | B |
| Price Per SF | $578.60 | Lot Size | 1.77 AC |
| Sale Type | Investment | Building Size | 4,714 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Car Wash | ||
| Zoning | Commercial | ||
| Price | $2,727,518 |
| Price Per SF | $578.60 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.77 AC |
| Building Size | 4,714 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Zoning | Commercial |
Contacts
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Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
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1360 Airport Rd - Whistle Express
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