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669 Highway 51 - Take 5 Car Wash - Whistle Express Guaranty 4,445 SF Specialty Building Offered at $1,851,657 at a 6% Cap Rate in Ridgeland, MS 39157
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 669 U.S. 51, Ridgeland, MS. The site consists of roughly 4,445 rentable square feet of building space on an estimated 0.92-acre parcel of land. The current annual rent is $111,099 and has scheduled increases of 1.90% annual beginning 1/1/2030.
PROPERTY FACTS
| Price | $1,851,657 | Building Class | C |
| Price Per SF | $416.57 | Lot Size | 0.92 AC |
| Sale Type | Investment | Building Size | 4,445 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2006 |
| Property Subtype |
| Price | $1,851,657 |
| Price Per SF | $416.57 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 4,445 SF |
| No. Stories | 1 |
| Year Built | 2006 |
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PROPERTY TAXES
| Parcel Number | 072D-19A-032-02-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $76,634 |
PROPERTY TAXES
Parcel Number
072D-19A-032-02-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$76,634
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669 Highway 51 - Take 5 Car Wash - Whistle Express Guaranty
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