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3914 Cedar Glades Dr - Whistle Express 4,980 SF Specialty Building Offered at $3,045,219 at a 5.75% Cap Rate in Murfreesboro, TN 37128
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Affluent and Rapidly Expanding Demographics
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Whistle Express located at 3914 Cedar Glades Dr, Murfreesboro, TN 37128. The site consists of roughly 5,350 rentable square feet of building space on an estimated 1.96-acre parcel of land. The current annual rent is $321,993 and has scheduled increases of 1.90% Annually beginning 1/1/2030.
PROPERTY FACTS
| Price | $3,045,219 | Property Subtype | Car Wash |
| Price Per SF | $569.20 | Lot Size | 1.96 AC |
| Sale Type | Investment | Building Size | 5,350 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Zoning | CH | ||
| Price | $3,045,219 |
| Price Per SF | $569.20 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 1.96 AC |
| Building Size | 5,350 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Zoning | CH |
PROPERTY TAXES
| Parcel Number | 079-099.12-000 | Improvements Assessment | $22,833,600 |
| Land Assessment | $1,646,400 | Total Assessment | $24,480,000 |
PROPERTY TAXES
Parcel Number
079-099.12-000
Land Assessment
$1,646,400
Improvements Assessment
$22,833,600
Total Assessment
$24,480,000
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
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3914 Cedar Glades Dr - Whistle Express
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