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Caliber Car Wash 6 Marketplace Way 3,802 SF Retail Building Phenix City, AL 36867 $4,800,000 ($1,262.49/SF) 6.25% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Bonus Depreciation
- Strong Performing Adjacent Tenants and Traffic Counts
- Surrounded by Essential Retail and Daily Needs Tenants
Executive Summary
Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 6 Marketplace Way, Phenix City, AL 36867 . The site consists of roughly 3,802 rentable square feet of building space on an estimated 0.95-acre parcel of land. This Caliber Car Wash is subject to a 22-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $300,000 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,802 SF
Building Class
C
Year Built
2020
Price
$4,800,000
Price Per SF
$1,262.49
Cap Rate
6.25%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.95 AC
Zoning
Commercial
Frontage
41’ on U.S. 431
Amenities
- Freeway Visibility
- Signage
Nearby Major Retailers
Contacts
-
Matthew Anuszkiewicz -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
1 of 4
Videos
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Photos
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Street
Map
Presented by
Caliber Car Wash | 6 Marketplace Way
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