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8012 Fayetteville Rd
Raleigh, NC 27603
Whistle Express - Raleigh · Specialty Property For Sale
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4,300 SF
Investment Highlights
- 20-year absolute NNN corporate lease with 3 renewal options of 5 years each and 2% annual rent bumps throughout
- Asset currently qualifies for 60% bonus depreciation offering an investor tremendous tax savings in year 1 of ownership
- I-540, the metro area’s 70-mile outer loop, and Wake Tech’s south campus (21,500+ students) are located ½ mile south of the Property
- Industry-leading operator with 150+ locations in 10 Southeast and Midwest states with a systematic growth plan fueled by a significant PE investments
- Incredible visibility from US 401, a vital north-south 4-lane commercial corridor that averages traffic counts of approx. 39,000 cars per day
- Over 100,000 residents within a 15-minute drive and approx. $148,200 average HH income within a 3-mile radius of the Property
Property Facts
| Property Type | Specialty | Building Size | 4,300 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2017 |
| Lot Size | 1.20 AC | Parking Ratio | 6.51/1,000 SF |
| Zoning | CH - Commercial Highway | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.20 AC |
| Building Size | 4,300 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 6.51/1,000 SF |
| Zoning | CH - Commercial Highway |
Property Taxes
| Parcel Number | 0689.02-87-8074-000 | Improvements Assessment | $1,137,506 |
| Land Assessment | $1,134,825 | Total Assessment | $2,272,331 |
Property Taxes
Parcel Number
0689.02-87-8074-000
Land Assessment
$1,134,825
Improvements Assessment
$1,137,506
Total Assessment
$2,272,331
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