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3802 W Illinois Ave - Take 5 Car Wash 4,300 SF Specialty Building Offered at $4,269,158 at a 5.75% Cap Rate in Dallas, TX 75211
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Strategic Location Along Major Traffic Artery
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 3802 W Illinois, Dallas, TX. The site consists of roughly 4,448 rentable square feet of building space on an estimated 1.09-acre parcel of land. The current annual rent is $245,477 and has scheduled increases of 1.90% annual beginning 1/1/2030.
PROPERTY FACTS
| Price | $4,269,158 | Building Class | C |
| Price Per SF | $959.79 | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 4,448 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2008/2022 |
| Property Subtype | Car Wash | ||
| Zoning | Z125 | ||
| Price | $4,269,158 |
| Price Per SF | $959.79 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 4,448 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2008/2022 |
| Zoning | Z125 |
PROPERTY TAXES
| Parcel Number | 006114000A0020000 | Improvements Assessment | $1,144,760 |
| Land Assessment | $475,240 | Total Assessment | $1,620,000 |
PROPERTY TAXES
Parcel Number
006114000A0020000
Land Assessment
$475,240
Improvements Assessment
$1,144,760
Total Assessment
$1,620,000
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