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300 N Overland Ave - Tidal Wave Auto Spa 3,600 SF Specialty Building Offered at $6,000,000 at a 6.75% Cap Rate in Burley, ID 83318
Investment Highlights
- Long-Term 20-Year NNN Lease
- Expanding National Car Wash Operator
- Annual Rent With Built-In Growth
- Large 2.77-Acre Parcel
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 300 N Overland Ave, Burley, ID. The site consists of roughly 3,600 rentable square feet of building space on an estimated 2.77-acre parcel of land. Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $405,000 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $6,000,000 | Property Subtype | Car Wash |
| Price Per SF | $1,666.67 | Lot Size | 2.77 AC |
| Sale Type | Investment | Building Size | 3,600 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Zoning | 4 | ||
| Price | $6,000,000 |
| Price Per SF | $1,666.67 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 2.77 AC |
| Building Size | 3,600 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | 4 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | RPB3200000004B | Improvements Assessment | $105,892 |
| Land Assessment | $126,336 | Total Assessment | $232,228 |
Property Taxes
Parcel Number
RPB3200000004B
Land Assessment
$126,336
Improvements Assessment
$105,892
Total Assessment
$232,228
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300 N Overland Ave - Tidal Wave Auto Spa
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