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3911 E Broad St - Tsunami Express Car Wash 3,761 SF Specialty Building Offered at $3,371,953 at a 6.50% Cap Rate in Columbus, OH 43213
Investment Highlights
- Priced Below Development Costs This Tsunami Express Car Wash - Lease Guaranteed By Whistle Express
- Well Situated Asset | Site Located 5.5 Miles East Of Downtown Columbus & In Direct Proximity Of John Glenn Columbus International Airport
- Bonus Depreciation This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership
Executive Summary
Surmount is pleased to present the exclusive listing for a Tsunami Express Car Wash located at 3911 East Broad Street, Whitehall, Ohio 43213. The site consists of roughly 4380 rentable square feet of building space on an estimated 0.92-acre parcel of land. This Tsunami Express Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 7/19/2019. The current annual rent is $219,178 and has scheduled increases of 1.75% Annually.
Property Facts
| Price | $3,371,953 | Building Class | B |
| Price Per SF | $769.85 | Lot Size | 0.92 AC |
| Sale Type | Investment | Building Size | 4,380 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Property Subtype | Car Wash |
| Price | $3,371,953 |
| Price Per SF | $769.85 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.92 AC |
| Building Size | 4,380 SF |
| No. Stories | 1 |
| Year Built | 2016 |
Property Taxes
| Parcel Number | 090-008404 | Improvements Assessment | $1,040,200 |
| Land Assessment | $120,440 | Total Assessment | $1,160,640 |
Property Taxes
Parcel Number
090-008404
Land Assessment
$120,440
Improvements Assessment
$1,040,200
Total Assessment
$1,160,640
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3911 E Broad St - Tsunami Express Car Wash
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