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Take 5 Car Wash 39060 Colorado Ave 4,682 SF Retail Building Avon, OH 44011 $2,727,557 ($582.56/SF) 6% Cap Rate
Investment Highlights
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- High-Income Submarket of Greater Cleveland
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 39060 Colorado Ave, Avon, OH. The site consists of roughly 4,682 rentable square feet of building space on an estimated 2.4-acre parcel of land. The current annual rent is $169,294 and has scheduled increases of 1.90% annual beginning 1/1/2030.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,682 SF
Building Class
C
Year Built
2019
Price
$2,727,557
Price Per SF
$582.56
Cap Rate
6%
NOI
$163,653
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.40 AC
Frontage
149’ on Colorado Avenue
Amenities
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $739,200 | |
| Land Assessment | $180,705 | Total Assessment | $919,905 |
Property Taxes
Parcel Numbers
Land Assessment
$180,705
Improvements Assessment
$739,200
Total Assessment
$919,905
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Take 5 Car Wash | 39060 Colorado Ave
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