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3051 10th Ave S - Tidal Wave Auto Spa 3,789 SF Specialty Building Offered at $6,300,800 at a 6.75% Cap Rate in Great Falls, MT 59405
Executive Summary
CBRE is pleased to present the exclusive offering of a newly constructed Tidal Wave Auto Spa located at 3051 10th Avenue S. in Great Falls, Montana. The property is 100% occupied under a 20-year absolute triple net lease with approximately 17 years remaining with New Potato Creek Holdings, LLC, a Georgia limited liability company operating as Tidal Wave Auto Spa. The lease includes 1.5% annual increases for the duration of the original term, and extends into all four, 5-year options.
Property Facts
| Price | $6,300,800 | Building Class | B |
| Price Per SF | $1,800.23 | Lot Size | 1.28 AC |
| Sale Type | Investment | Building Size | 3,500 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2021 |
| Property Subtype | Car Wash |
| Price | $6,300,800 |
| Price Per SF | $1,800.23 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.28 AC |
| Building Size | 3,500 SF |
| No. Stories | 1 |
| Year Built | 2021 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02-3016-08-3-04-04-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,326,040 |
Property Taxes
Parcel Number
02-3016-08-3-04-04-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,326,040
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