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8833 Staples Mill Rd - Flagstop Car Wash 3,299 SF Specialty Building Offered at $4,923,077 at a 6.50% Cap Rate in Richmond, VA 23228
Investment Highlights
- Strong Corporate Guarantee
- Established Regional Operator
- Brand New 20-Year Triple Net (NNN) Lease
- Essential and High-Demand Industry
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagstop Car Wash located at 8833 Staples Mill Rd, Richmond, VA 23228. The site consists of roughly 3,299 rentable square feet of building space on an estimated 0.91-acre parcel of land. This Flagstop Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2022. The annual rent will be $320,000 and has scheduled increases of 2.00% annually.
Property Facts
| Price | $4,923,077 | Building Class | C |
| Price Per SF | $1,492.29 | Lot Size | 0.91 AC |
| Sale Type | Investment | Building Size | 3,299 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2007 |
| Property Subtype | Car Wash | ||
| Zoning | B1 | ||
| Price | $4,923,077 |
| Price Per SF | $1,492.29 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.91 AC |
| Building Size | 3,299 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Zoning | B1 |
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Property Taxes
| Parcel Number | 770-756-1815 | Improvements Assessment | $621,800 |
| Land Assessment | $133,400 | Total Assessment | $755,200 |
Property Taxes
Parcel Number
770-756-1815
Land Assessment
$133,400
Improvements Assessment
$621,800
Total Assessment
$755,200
Contacts
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Glen Kunofsky -
Matthew Anuszkiewicz -
Francis Purritano -
Walker Stevens -
Christopher Marks -
Surmount
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8833 Staples Mill Rd - Flagstop Car Wash
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