250 Crossroads Pkwy | Terrell, TX 75160
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- LoopNet Team
250 Crossroads Pkwy
Terrell, TX 75160
ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION · Specialty Property For Sale
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6,750 SF
INVESTMENT HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Strong Unit Economics and Consistent Membership Growth.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation.
- The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
PROPERTY FACTS
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 216068 | Improvements Assessment | $1,221,796 |
| Land Assessment | $1,701,454 | Total Assessment | $2,923,250 |
PROPERTY TAXES
Parcel Number
216068
Land Assessment
$1,701,454
Improvements Assessment
$1,221,796
Total Assessment
$2,923,250
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