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417 N Highway 52
Moncks Corner, SC 29461
Tidal Wave Auto Spa · Specialty Property For Sale
·
9,050 SF
INVESTMENT HIGHLIGHTS
- Outstanding Store Sales | High Performing Car Wash
- Strong Corporate Guarantee
- Large Property & Building | Over 9,000 SF on Nearly 2 Acres
- Outstanding Long-Term Site History and Tenant Commitment
- Accelerated Depreciation
EXECUTIVE SUMMARY
SURMOUNT™ is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 417 N US Highway 52, Moncks Corner, SC 29461. The site consists of roughly 9,050 rentable square feet of building space on an estimated 1.85-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/16/2022. The current annual rent is $306,136 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
| Sale Type | Investment NNN | Lot Size | 1.85 AC |
| Cap Rate | 6% | Building Size | 9,050 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2000 |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Zoning | C-2 | ||
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.85 AC |
| Building Size | 9,050 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | C-2 |
PROPERTY TAXES
| Parcel Number | 143-01-02-017 | Improvements Assessment | $4,799,700 |
| Land Assessment | $1,068,980 | Total Assessment | $5,868,680 |
PROPERTY TAXES
Parcel Number
143-01-02-017
Land Assessment
$1,068,980
Improvements Assessment
$4,799,700
Total Assessment
$5,868,680
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