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4635 Matlock Rd - Caliber Car Wash 5,610 SF Specialty Building Offered at $5,368,255 at a 6.75% Cap Rate in Arlington, TX 76018
INVESTMENT HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease
- Strong Corporate Guaranty
- Extremely Attractive Annual Rent Increases
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Caliber Car Wash located at 4635 Matlock Rd, Arlington, TX 76018. The site consists of roughly 5,610 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 3/31/2023. The current annual rent is $362,357 and has scheduled increases of 1.75% annually.
PROPERTY FACTS
| Price | $5,368,255 | Building Class | B |
| Price Per SF | $956.91 | Lot Size | 1.60 AC |
| Sale Type | Investment | Building Size | 5,610 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash | Parking Ratio | 1.25/1,000 SF |
| Price | $5,368,255 |
| Price Per SF | $956.91 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.60 AC |
| Building Size | 5,610 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 1.25/1,000 SF |
PROPERTY TAXES
| Parcel Number | 40079635 | Improvements Assessment | $1,461,709 |
| Land Assessment | $487,529 | Total Assessment | $1,949,238 |
PROPERTY TAXES
Parcel Number
40079635
Land Assessment
$487,529
Improvements Assessment
$1,461,709
Total Assessment
$1,949,238
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4635 Matlock Rd - Caliber Car Wash
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