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180 NE City View Dr 3,500 SF Specialty Building Offered at $6,480,000 at a 6.25% Cap Rate in Mountain Home, ID 83647
Investment Highlights
- Strong Site - Level Performance
- Attractive Annual Rental Increases
- Eligible for Bonus Depreciation
- Established National Car Wash Operator
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 180 Northeast City View Drive, Mountain Home, ID 83647. The site consists of roughly 3,500 rentable square feet of building space on an estimated 1.27-acre parcel of land. Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $405,000 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $6,480,000 | Building Class | B |
| Price Per SF | $1,851.43 | Lot Size | 1.27 AC |
| Sale Type | Investment | Building Size | 3,500 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Price | $6,480,000 |
| Price Per SF | $1,851.43 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.27 AC |
| Building Size | 3,500 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | RPA01060020020A | Improvements Assessment | $785,685 |
| Land Assessment | $73,602 | Total Assessment | $859,287 |
Property Taxes
Parcel Number
RPA01060020020A
Land Assessment
$73,602
Improvements Assessment
$785,685
Total Assessment
$859,287
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180 NE City View Dr
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