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18534 Pearl Rd - Sgt. Clean Car Wash 4,601 SF Specialty Building Offered at $6,620,027 at a 6.75% Cap Rate in Strongsville, OH 44136
INVESTMENT HIGHLIGHTS
- Bonus Depreciation Opportunity
- Dense Retail Corridor
- Extremely Affluent Area
- Growing Industry
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Sgt. Clean Car Wash located at 18534 Pearl Rd, Strongsville, OH 44136. The site consists of roughly 4,601 rentable square feet of building space on an estimated 1.42-acre parcel of land. This Sgt. Clean Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 1/1/2024. The current annual rent is $446,852 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
| Price | $6,620,027 | Building Class | B |
| Price Per SF | $1,438.82 | Lot Size | 1.42 AC |
| Sale Type | Investment | Building Size | 4,601 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1984 |
| Zoning | CS | ||
| Price | $6,620,027 |
| Price Per SF | $1,438.82 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 1.42 AC |
| Building Size | 4,601 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | CS |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $216,825 | |
| Land Assessment | $160,930 | Total Assessment | $377,755 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$160,930
Improvements Assessment
$216,825
Total Assessment
$377,755
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18534 Pearl Rd - Sgt. Clean Car Wash
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