| Price $4,800,000 | Built/Renov 2023 | Tenant WhiteWater Express Car Wash |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,345
| Lease Start
11-01-2023
| #Units
100
|
| Price/SF $1,434.98 | Expiration
10-31-2043
| Tenant Type Automotive |
| NOI $300,000 | R. Term 19.3 | Ownership Fee Simple |
| Rent/SF
$89.69
| Increases 1.3%/1/yrs | Pop 5Mi 83,915 |
| Lot/AC 1.16 | Options 4/5yrs/1.25% | AHHI 5Mi $62,157 |
| | |
WhiteWater Express Car Wash is strategically located at the signalized, hard corner intersection of Troy Road and Hillcrest Avenue seeing 24,000 vehicles per day. The site is adjacent to a high volume Meijer as well as a Walmart Supercenter and Home Depot anchored power center further increasing consumer draw to the area. Additionally, the site benefits from its close proximity to the on/off...
...New construction
Build to suit
Dense retail corridor
Strategically located
Highway close
Brand new lease
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Over 100 Units backed
WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,482 | 44,477 | 82,843 |
| 2023 Total Population : | 4,523 | 44,686 | 83,352 |
| 2023 Employed Civilian Pop : | 1,933 | 18,757 | 36,279 |
| 2023 Total Businesses : | 370 | 1,629 | 2,461 |
| 2023 Average Household Income : | $ 70,118 | $ 66,962 | $ 72,276 |
| 2023 Total Consumer Spending : | $ 121 M | $ 1058 M | $ 2216 M |
| 2023 Median Age : | 39 | 38 | 42 |
| 2023 Total Households : | 1,976 | 18,003 | 34,979 |
| 2023 Pop Age 25+: Bachelor's Degree : | 456 | 3,496 | 6,669 |
| 2023 Average Home Value : | $ 163,718 | $ 159,060 | $ 167,553 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W 1ST ST | Hillcrest Ave | 2020 | 3,491 | 0.03 mi |
| Bechtle Avenue | W 1st St | 2021 | 17,702 | 0.11 mi |
| W 1st St | Bechtle Ave | 2016 | 24,098 | 0.14 mi |
| Bechtle Avenue | Hillcrest Ave | 2021 | 21,285 | 0.17 mi |
| West 1st Street | US Hwy68 | 2021 | 22,210 | 0.19 mi |
| West 1st Street | Hillcrest Ave | 2021 | 13,302 | 0.19 mi |
| HILLCREST AVE | Bechtle Ave | 2020 | 14,025 | 0.21 mi |
| West 1st Street | US Hwy68 | 2019 | 1,003 | 0.24 mi |
| W 1st St | Amherst Rd | 2005 | 17,630 | 0.31 mi |
| Bechtle Avenue | Fotler St | 2021 | 16,804 | 0.35 mi |
Lubbock, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 4,320
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 4,536
High Point, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,163
Salisbury, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,383
Golden, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 5,556
Woodhaven, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,750
Tulsa, OK
Cap Rate 6.75%
Lease Abs NNN
R. Term 16.60 yrs
Size/SF 4,296
Arvada, CO
Cap Rate 6.75%
Lease Abs NNN
R. Term 18.60 yrs
Size/SF 6,357
West Allis, WI
Cap Rate 7.00%
Lease Abs NNN
R. Term 18.60 yrs
Size/SF 3,500
Vail, AZ
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.90 yrs
Size/SF 4,560
Fort Pierce, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 3,770
Brooksville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,538
Palm Bay, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 3,763
Niceville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,376
Vero Beach, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 3,286
Bryant, AR
Cap Rate 7.25%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 5,120
Katy, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 17.20 yrs
Size/SF 4,078
Findlay, OH
Cap Rate 6.90%
Lease Abs NNN
R. Term 15.60 yrs
Size/SF 3,677
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
