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712 Highway 76 - Tidal Wave Auto Spa 3,336 SF Specialty Building Offered at $5,836,644 at a 6% Cap Rate in White House, TN 37188
INVESTMENT HIGHLIGHTS
- Located In Nashville MSA | One of the Most Sought After Markets in the USA | Tax Free State
- Strong Corporate Guarantee
- Excellent Store Sales | High Performing Car Wash
- Bonus Depreciation
EXECUTIVE SUMMARY
SURMOUNT is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 712 TN-76, White House, TN 37188. The site consists of roughly 3,336 rentable square feet of building space on an estimated 0.75-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/23/2022. The current annual rent is $350,199 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
| Price | $5,836,644 | Lot Size | 0.75 AC |
| Price Per SF | $1,749.59 | Building Size | 3,336 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 2023 |
| Property Type | Specialty | ||
| Zoning | Commercial | ||
| Price | $5,836,644 |
| Price Per SF | $1,749.59 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Lot Size | 0.75 AC |
| Building Size | 3,336 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | Commercial |
PROPERTY TAXES
| Parcel Number | 106-050.00 | Improvements Assessment | $247,280 |
| Land Assessment | $347,440 | Total Assessment | $594,720 |
PROPERTY TAXES
Parcel Number
106-050.00
Land Assessment
$347,440
Improvements Assessment
$247,280
Total Assessment
$594,720
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712 Highway 76 - Tidal Wave Auto Spa
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