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2021 Sparkman Dr
Huntsville, AL 35810
International Car Wash Group · Specialty Property For Sale · 4,139 SF

INVESTMENT HIGHLIGHTS

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No La
  • Accelerated Depreciation: This Property Qualifies for 15 Year Accelerated Depreciation
  • Robust Demographics | Population Exceeds 58,800 Individuals Within a Three-Mile Radius
  • Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) “ICWG” and the More Than 900 Locations
  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Strong Traffic Counts | Over 21,000 Vehicles Per Day on Sparkman Drive and 45,600 Vehicles Per Day on Memorial Parkway Northwest

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.76 AC
Building Size 4,139 SF
No. Stories 1
Year Built 2007
Zoning M-1 - Light Industrial

ABOUT 2021 SPARKMAN DR , HUNTSVILLE, AL 35810

The subject International Car Wash Group property benefits from being well-positioned in a dense retail corridor consisting of national and local tenants. Major national tenants in the area include Walmart, Dollar Tree, Dollar General, Big Lots, Tractor Supply Co., AutoZone, Regions Bank, H&R Block, Taco Bell, Cook Out, Pizza Hut, Arby’s, McDonalds, Applebee’s, as well as many more. Additionally, this car wash benefits from its close proximity to Oakwood University. The private university is less than 4-miles from the subject property and is home to over 1,600 students. Huntsville International Airport is also located less than 15-miles from the subject property, which serves over 1,200,000 passengers each year. In recent months, the airport has seen monthly passenger increases of 23 percent The site is situated on Sparkman Drive, which experiences average daily traffic counts upwards of 18,200 vehicles. Sparkman Drive intersects with Memorial Parkway Northwest and Blue Spring Rd NW which brings an additional 45,600 and 10,500 vehicles into the immediate area per day, respectively. There are approximately 58,800 individuals within a three-mile radius of this property and 105,477 individuals within in a five-mile radius. Huntsville is the third-largest city in Alabama and is the largest city in the five-county Huntsville-Decataur-Albertville, Alabama Combined Statistical area. Huntsville's main economic influence is derived from aerospace and military technology. Redstone Arsenal, Cummings Research Park (CRP), and Nasa’s Marshal Space Flight Center comprise the main hubs for the area’s technology-driven economy. CRP is the second-largest research park in the United States and fourth-largest in the world. The city remains the center for the rocket-population research in NASA and the Army. Public transit in Huntsville is run by the city’s department of Parking and Public Transportation. The Huntsville Shuttle runs 11 fixed routes throughout the city, mainly downtown and to the major shopping areas. The Huntsville International Airport is served by several regional national carriers including Delta, United Airlines, and American Airlines. Visitors to the city will find activities that celebrate Huntsville’s rich history, as well as attractions that highlight the city’s scientific side. At the Alabama Constitution Village, villagers in period clothing take time from their daily chores to guide you through eight reconstructed Federal style buildings. Younger visitors will love the 150 hands-on activities at the Sci-Quest Hands-on Science Center and older kids will learn what it takes to be an astronaut at the U.S. Space and Rocket Center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-06-23-4-000-017.000
Land Assessment
$61,620
Improvements Assessment
$149,740
Total Assessment
$211,360
  • Listing ID: 18801419

  • Date on Market: 3/9/2020

  • Last Updated:

  • Address: 2021 Sparkman Dr, Huntsville, AL 35810

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