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2006 Gervais St - WhiteWater Express | Columbia, SC 3,000 SF Specialty Building Offered at $4,800,000 at a 6.25% Cap Rate in Columbia, SC 29204
INVESTMENT HIGHLIGHTS
- Single-Tenant WhiteWater Express Car Wash Pad to Walmart Supercenter
- Annual Rental Increases
- 20-Year Initial Lease Term With Four 5-Year Options
- Corporate-Guaranteed Lease ($400 Million Net Worth)
- Absolute NNN Lease With No Landlord Responsibilities
- Fee-Simple Investment Ideal for Bonus Depreciation (Includes Land and Building)
EXECUTIVE SUMMARY
20-Year Absolute NNN Corporate Lease | 140+ Unit Multi-State Operator; Full Corporate Guaranty | Adjacent to University of South Carolina (38,000+ Students)
PROPERTY FACTS
| Price | $4,800,000 | Building Class | B |
| Price Per SF | $1,280 | Lot Size | 1.87 AC |
| Sale Type | Investment | Building Size | 3,750 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Car Wash | ||
| Zoning | C-3 | ||
| Price | $4,800,000 |
| Price Per SF | $1,280 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.87 AC |
| Building Size | 3,750 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | C-3 |
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Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 11406-12-01 | Improvements Assessment | $0 |
| Land Assessment | $1,637,900 | Total Assessment | $1,637,900 |
PROPERTY TAXES
Parcel Number
11406-12-01
Land Assessment
$1,637,900
Improvements Assessment
$0
Total Assessment
$1,637,900
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2006 Gervais St - WhiteWater Express | Columbia, SC
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