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4204 N Lovington Hwy
Hobbs, NM 88240
Tidal Wave Auto Spa · Specialty Property For Sale
·
3,600 SF
Investment Highlights
- 20-Year Triple-Net Lease: At closing the tenant will execute a brand new 20-year absolute triple-net lease.
- Attractive Rental Increases: The lease will feature 2.00% annual rental increases
- Corporate Guaranty: The lease will carry a corporate guaranty from New Potato Creek Holdings, the corporate entity for Tidal Wave Auto Spa.
- The lease will have no landlord responsibilities.
Property Facts
| Property Type | Specialty | Construction Status | Abandoned |
| Property Subtype | Car Wash | Building Size | 3,600 SF |
| Building Class | B | No. Stories | 1 |
| Lot Size | 1.19 AC |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.19 AC |
| Construction Status | Abandoned |
| Building Size | 3,600 SF |
| No. Stories | 1 |
Property Taxes
| Parcel Number | 4000421090001 | Improvements Assessment | $0 |
| Land Assessment | $267,501 | Total Assessment | $267,501 |
Property Taxes
Parcel Number
4000421090001
Land Assessment
$267,501
Improvements Assessment
$0
Total Assessment
$267,501
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