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8671 Highway 17 Byp - Whistle Express Car Wash | Myrtle Beach, SC 3,600 SF Specialty Building Offered at $7,700,000 at a 6.34% Cap Rate in Myrtle Beach, SC 29575
Investment Highlights
- LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
- LOCATED IN DOMINANT RETAIL CORRIDOR
- EXCELLENT SITE-LEVEL VISIBILITY
- CORPORATE GUARANTY LARGEST CAR WASH OPERATOR IN THE US
- QUALIFIES FOR ACCELERATED AND BONUS DEPRECIATION
Executive Summary
PRICING: $7,700,000
CAP RATE: 6.34%
NOI: $488,516
LEASE TERM: 17.5+ YEARS
INCREASES: 2% ANNUALLY
CAP RATE: 6.34%
NOI: $488,516
LEASE TERM: 17.5+ YEARS
INCREASES: 2% ANNUALLY
Property Facts
| Price | $7,700,000 | Building Class | C |
| Price Per SF | $2,261.38 | Lot Size | 1.74 AC |
| Sale Type | Investment NNN | Building Size | 3,405 SF |
| Cap Rate | 6.34% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Car Wash | Parking Ratio | 5.28/1,000 SF |
| Zoning | C1 - Highway Commercial | ||
| Price | $7,700,000 |
| Price Per SF | $2,261.38 |
| Sale Type | Investment NNN |
| Cap Rate | 6.34% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.74 AC |
| Building Size | 3,405 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 5.28/1,000 SF |
| Zoning | C1 - Highway Commercial |
Amenities
- Signage
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8671 Highway 17 Byp - Whistle Express Car Wash | Myrtle Beach, SC
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