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3500 N Nebo Rd - Whistle Express Car Wash - Take 5 Car Wash 6,240 SF Specialty Building Offered at $3,957,633 at a 6% Cap Rate in Muncie, IN 47304
INVESTMENT HIGHLIGHTS
- Positioned directly off of W McGalliard Road, a high-traffic thoroughfare, with visibility to over 23,000 vehicles per day.
- Bonus Depreciation: The One Big Beautiful Bill Act permanently restored 100% accelerated bonus depreciation.
- Dense Retail Corridor: Other nearby national tenants include Toyota, Discount Tire, Dollar Tree, Kia, and more
EXECUTIVE SUMMARY
Long Term Absolute NNN: Over 17 years remaining on the lease, with the tenant responsible for all taxes, insurance, and CAM, resulting in zero landlord management obligations.
Strong Corporate Guarantee: Lease guaranteed by Whistle Express with over 530 system wide locations
Strong Corporate Guarantee: Lease guaranteed by Whistle Express with over 530 system wide locations
PROPERTY FACTS
| Price | $3,957,633 | Building Class | B |
| Price Per SF | $631.30 | Lot Size | 1.46 AC |
| Sale Type | Investment | Building Size | 6,269 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Car Wash | Parking Ratio | 9.73/1,000 SF |
| Zoning | C-2 - Commercial | ||
| Price | $3,957,633 |
| Price Per SF | $631.30 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.46 AC |
| Building Size | 6,269 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 9.73/1,000 SF |
| Zoning | C-2 - Commercial |
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PROPERTY TAXES
| Parcel Number | 18-06-36-351-010.000-043 | Improvements Assessment | $594,600 |
| Land Assessment | $430,200 | Total Assessment | $1,024,800 |
PROPERTY TAXES
Parcel Number
18-06-36-351-010.000-043
Land Assessment
$430,200
Improvements Assessment
$594,600
Total Assessment
$1,024,800
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3500 N Nebo Rd - Whistle Express Car Wash - Take 5 Car Wash
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