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233 Easton Rd - Flagship Car Wash 2,500 SF Specialty Building Offered at $6,750,000 at a 6.45% Cap Rate in Horsham Township, PA 19044
Investment Highlights
- Bonus Depreciation Opportunity
- Strong Demographics & Affluent Community
- Flagship Carwash Corporate Guarantee
- Strong Academic Presence
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagship Car Wash located at 233 Easton Road, Horsham, PA 19044. The site consists of roughly 6,235 rentable square feet of building space on an estimated 1.63-acre parcel of land. This Flagship Carwash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $435,375 and has scheduled increases of 1.50% annually.
Property Facts
| Price | $6,750,000 | Building Class | B |
| Price Per SF | $1,082.60 | Lot Size | 1.63 AC |
| Sale Type | Investment | Building Size | 6,235 SF |
| Cap Rate | 6.45% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Car Wash | ||
| Zoning | GC-2 - General Commercial | ||
| Price | $6,750,000 |
| Price Per SF | $1,082.60 |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 6,235 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | GC-2 - General Commercial |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $50,370 | Total Assessment | $710,190 |
Property Taxes
Parcel Numbers
Land Assessment
$50,370
Improvements Assessment
$0
Total Assessment
$710,190
Contacts
-
James Westerberg -
Robert Stein -
Tyler Hardin -
Glen Kunofsky -
Christopher Marks -
Surmount
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233 Easton Rd - Flagship Car Wash
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