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5011 Ramsey St
Fayetteville, NC 28311
Whistle Express · Specialty Property For Sale
·
1,400 SF
Investment Highlights
- Absolute Triple-Net (NNN) Lease | Zero Landlord Responsibilities
- 1.50% Rental Increases Annually | Next Rent Bump Occurring In December 2026 | Immediate Upside
- Original 20-Year Lease | Approximately Sixteen (16) Years Remaining | Four, Five-Year Options Remaining
- Eligible For 100% Bonus Depreciation | Consult A Qualified Tax Professional Or Advisor For Additional Information
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 5011 Ramsey Street, Fayetteville, NC 28311. The site consists of roughly 4,253 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Whistle Express is subject to a 20-year Triple Net (NNN) lease, which commenced 12/20/2021. The current annual rent is $257,028 and has scheduled increases of 1.50% annually.
Property Facts
| Sale Type | Investment | Lot Size | 0.67 AC |
| Cap Rate | 6% | Building Size | 1,400 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 1995 |
| Building Class | B | Cross Streets | Stacey Weaver Dr |
| Zoning | LC | ||
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 1,400 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Cross Streets | Stacey Weaver Dr |
| Zoning | LC |
Amenities
- Signage
Property Taxes
| Parcel Number | 0530-61-0707 | Improvements Assessment | $393,854 |
| Land Assessment | $583,196 | Total Assessment | $977,050 |
Property Taxes
Parcel Number
0530-61-0707
Land Assessment
$583,196
Improvements Assessment
$393,854
Total Assessment
$977,050
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