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472 Belle Terre Blvd - Take 5 Car Wash 1,000 SF Specialty Building Offered at $2,630,049 at a 6% Cap Rate in La Place, LA 70068
Investment Highlights
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Modern, High-Throughput Car Wash Design
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 472 Belle Terre Boulevard, LaPlace, LA, 70068. The site consists of roughly 4,448 rentable square feet of building space on an estimated 1.09-acre parcel of land. The current annual rent is $164,004 and has scheduled increases of 1.90% annual beginning 1/1/2030.
Property Facts
| Price | $2,630,049 | Building Class | B |
| Price Per SF | $591.29 | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 4,448 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2019/2022 |
| Property Subtype | Car Wash |
| Price | $2,630,049 |
| Price Per SF | $591.29 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.09 AC |
| Building Size | 4,448 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2019/2022 |
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 9643052249 | Improvements Assessment | $70,000 |
| Land Assessment | $40,000 | Total Assessment | $110,000 |
Property Taxes
Parcel Number
9643052249
Land Assessment
$40,000
Improvements Assessment
$70,000
Total Assessment
$110,000
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472 Belle Terre Blvd - Take 5 Car Wash
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