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204 E Belt Line Rd - Whistle Express 5,489 SF Specialty Building Offered at $1,968,950 at a 6% Cap Rate in Cedar Hill, TX 75104
Investment Highlights
- Long Term Absolute Triple Net (NNN) Lease
- Annual Rental Increases
- Accelerated and Bonus Depreciation
- Corporate Guarantee
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 204 E Belt Line Road, Cedar Hill, TX 75104. The site consists of roughly 5,489 rentable square feet of building space on an estimated 2.67-acre parcel of land. This Whistle Express is subject to a 14.75-year Triple Net (NNN) lease, which commenced 12/22/2020. The current annual rent is $118,137 and has scheduled increases of 2.00% annually.
Property Facts
| Price | $1,968,950 | Building Class | B |
| Price Per SF | $358.71 | Lot Size | 2.67 AC |
| Sale Type | Investment | Building Size | 5,489 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 2 |
| Zoning | LR | ||
| Price | $1,968,950 |
| Price Per SF | $358.71 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 2.67 AC |
| Building Size | 5,489 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LR |
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | 160282800A0010000 | Improvements Assessment | $1,610,330 |
| Land Assessment | $348,280 | Total Assessment | $1,958,610 |
Property Taxes
Parcel Number
160282800A0010000
Land Assessment
$348,280
Improvements Assessment
$1,610,330
Total Assessment
$1,958,610
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204 E Belt Line Rd - Whistle Express
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