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2207 E Main St - Whistle Express 4,629 SF Specialty Building Offered at $2,356,575 at a 6.25% Cap Rate in Russellville, AR 72802
Investment Highlights
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Strong Academic Presence
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 2207 Main St, Russellville, AR. The site consists of roughly 4,629 rentable square feet of building space on an estimated 1.71-acre parcel of land. The current annual rent is $147,286 and has scheduled increases of 1.90% Annually Beginning 1/1/2030.
Property Facts
| Price | $2,356,575 | Building Class | C |
| Price Per SF | $509.09 | Lot Size | 1.60 AC |
| Sale Type | Investment NNN | Building Size | 4,629 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Price | $2,356,575 |
| Price Per SF | $509.09 |
| Sale Type | Investment NNN |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 4,629 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Number | 863-30138-000C | Improvements Assessment | $149,710 |
| Land Assessment | $125,470 | Total Assessment | $275,180 |
Property Taxes
Parcel Number
863-30138-000C
Land Assessment
$125,470
Improvements Assessment
$149,710
Total Assessment
$275,180
Contacts
-
Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
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2207 E Main St - Whistle Express
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