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2163 North Pacific St - Take 5 Car Wash 3,704 SF Specialty Building Offered at $2,561,517 at a 6% Cap Rate in Mineola, TX 75773
INVESTMENT HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease
- Excellent Visibility and Frontage
- Acceleted and Bonus Depreciation
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Take 5 Car Wash located at 2163 N. Pacific St, Mineola, TX 75773. The site consists of roughly 3,704 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/1/2021. The current annual rent is $151,416 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
| Price | $2,561,517 | Lot Size | 1.15 AC |
| Price Per SF | $691.55 | Building Size | 3,704 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 2020 |
| Property Type | Specialty | Parking Ratio | 7.83/1,000 SF |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $2,561,517 |
| Price Per SF | $691.55 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.15 AC |
| Building Size | 3,704 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 7.83/1,000 SF |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $553,650 | |
| Land Assessment | $74,360 | Total Assessment | $628,010 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$74,360
Improvements Assessment
$553,650
Total Assessment
$628,010
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2163 North Pacific St - Take 5 Car Wash
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