2727 N Highway 17 Rd | Mount Pleasant, SC 29466
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2727 N Highway 17 Rd
Mount Pleasant, SC 29466
Zips Car Wash | 6.5% CAP | Absolute NNN · Specialty Property For Sale
·
3,960 SF
INVESTMENT HIGHLIGHTS
- LONG TERM LEASE - 16 years remaining on a 20-year absolute NNN lease, providing a long term and stable investment.
- RENTAL INCREASES - There are 1.5% rental increases annually, providing an investor a hedge against inflation.
- HIGH TRAFFIC AREA - The subject property is situated and excellently visible along N Hwy 17, a major thoroughfare in the city of Mt Pleasant.
- ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor.
- 100% BONUS DEPRECIATION - Fee simple ownership of a Car Wash provides the landlord the opportunity to use accelerated Bonus depreciation model.
- CORPORATE GUARANTEE - The lease is guaranteed by Zips Car Wash, which boasts over 230 location across the United States.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 3,960 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | C | Year Built | 2012 |
| Lot Size | 0.93 AC | Tenancy | Single |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 3,960 SF |
| No. Stories | 1 |
| Year Built | 2012 |
| Tenancy | Single |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 578-00-00-096 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $237,600 |
PROPERTY TAXES
Parcel Number
578-00-00-096
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$237,600
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