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4735 Fayetteville Rd - Take 5 Car Wash 4,847 SF Specialty Building Offered at $3,462,840 at a 5.50% Cap Rate in Raeford, NC 28376
Investment Highlights
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Growing Trade Area with Solid Demographics
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 4735 Fayetteville Road, Raeford, NC, 28376. The site consists of roughly 4,970 rentable square feet of building space on an estimated 1.77-acre parcel of land. The current annual rent is $190,456 and has scheduled increases of 1.90% annual beginning 1/1/2030.
Property Facts
| Price | $3,462,840 | Building Class | B |
| Price Per SF | $696.75 | Lot Size | 1.77 AC |
| Sale Type | Investment | Building Size | 4,970 SF |
| Cap Rate | 5.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2013 |
| Property Subtype | Car Wash | ||
| Zoning | Industrial | ||
| Price | $3,462,840 |
| Price Per SF | $696.75 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.77 AC |
| Building Size | 4,970 SF |
| No. Stories | 1 |
| Year Built | 2013 |
| Zoning | Industrial |
Property Taxes
| Parcel Number | 494450001441 | Improvements Assessment | $1,338,810 |
| Land Assessment | $520,130 | Total Assessment | $1,858,940 |
Property Taxes
Parcel Number
494450001441
Land Assessment
$520,130
Improvements Assessment
$1,338,810
Total Assessment
$1,858,940
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4735 Fayetteville Rd - Take 5 Car Wash
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