Log In/Sign Up
Your email has been sent.
1360 Airport Rd - Whistle Express 4,714 SF Specialty Building Offered at $2,723,374 at a 5.75% 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 $156,594 and has scheduled increases of 1.90% Annually.
Property Facts
| Price | $2,723,374 | Building Class | B |
| Price Per SF | $577.72 | Lot Size | 1.77 AC |
| Sale Type | Investment | Building Size | 4,714 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Car Wash | ||
| Zoning | Commercial | ||
| Price | $2,723,374 |
| Price Per SF | $577.72 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| 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 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 100-13604-000C | Improvements Assessment | $217,020 |
| Land Assessment | $55,600 | Total Assessment | $272,620 |
Property Taxes
Parcel Number
100-13604-000C
Land Assessment
$55,600
Improvements Assessment
$217,020
Total Assessment
$272,620
Contacts
-
Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
