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38 Dan Owen Dr - Caliber Car Wash 3,672 SF Specialty Building Offered at $4,400,000 at a 6.25% Cap Rate in Hampstead, NC 28443



INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Bonus Depreciation
- Strong Intersection Positioning
- Dense Retail Corridor and Strong Population Growth
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 38 Dan Owen Dr, Hampstead, NC 28443. The site consists of roughly 3,755 rentable square feet of building space on an estimated 1.18-acre parcel of land. This Caliber Car Wash is subject to a 22-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $275,000 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
| Price | $4,400,000 | Building Class | B |
| Price Per SF | $1,198.26 | Lot Size | 1.18 AC |
| Sale Type | Investment | Building Size | 3,672 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Property Subtype | Car Wash | ||
| Zoning | GB | ||
| Price | $4,400,000 |
| Price Per SF | $1,198.26 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.18 AC |
| Building Size | 3,672 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Zoning | GB |
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PROPERTY TAXES
| Parcel Number | 3282-86-7568-0000 | Improvements Assessment | $273,423 |
| Land Assessment | $126,525 | Total Assessment | $399,948 |
PROPERTY TAXES
Parcel Number
3282-86-7568-0000
Land Assessment
$126,525
Improvements Assessment
$273,423
Total Assessment
$399,948
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38 Dan Owen Dr - Caliber Car Wash
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