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| Price $4,840,000 | Built/Renov 2023 | Tenant WhiteWater Express Car Wash |
| Cap Rate 6.20% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,840
| Lease Start
03-01-2023
| #Units
88
|
| Price/SF $1,260.42 | Expiration
03-01-2043
| Tenant Type Automotive |
| NOI $300,000 | R. Term 17.7 | Ownership Fee Simple |
| Rent/SF
$78.13
| Increases 1.3%/1/yrs | Pop 5Mi 192,619 |
| Lot/AC 1.29 | Options 4/5yrs/1.25% | AHHI 5Mi $142,374 |
| | |
This newly constructed WhiteWater Express Car Wash is strategically located along West Bellfort Boulevard. The site also benefits from nearby access to State Highway 99, also known as the Grand Parkway. The tenant is situated along the main retail corridors in Richmond with national/credit tenants including Aldi, At Home, Kroger, LA Fitness, 7-Eleven, McDonalds and many more. Additionally,...
...New construction
Strong tenant synergy
Highway close
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Brand new lease
Absolute NNN
Annual rent increases
Corporate Guarantee
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 : | 17,054 | 106,763 | 244,026 |
| 2023 Total Population : | 15,753 | 91,803 | 220,989 |
| 2023 Employed Civilian Pop : | 7,753 | 45,173 | 107,054 |
| 2023 Total Businesses : | 310 | 1,185 | 3,301 |
| 2023 Average Household Income : | $ 137,737 | $ 132,969 | $ 134,587 |
| 2023 Total Consumer Spending : | $ 599 M | $ 3246 M | $ 7736 M |
| 2023 Median Age : | 34 | 34 | 35 |
| 2023 Total Households : | 5,099 | 28,583 | 67,692 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,119 | 19,196 | 44,037 |
| 2023 Average Home Value : | $ 362,374 | $ 379,199 | $ 376,887 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Morton Rd | Farmer Rd | 2008 | 2,753 | 0.14 mi |
| Long Meadow Farms Pkwy | 2011 | 1,350 | 0.24 mi | |
| Mason Rd | FM 1093 Rd | 2008 | 1,812 | 0.37 mi |
| Morton Rd | Farmer Rd | 2008 | 4,341 | 0.45 mi |
| Grand Pkwy | Farmer Rd | 2002 | 13,600 | 0.49 mi |
| Winston Ranch Pkwy | 2009 | 1,542 | 0.57 mi | |
| Gladys Yoakum Dr | 2009 | 304 | 0.59 mi | |
| Winston Ranch Pkwy | 2009 | 1,152 | 0.64 mi | |
| Mason Rd | FM 1093 Rd | 2006 | 9,525 | 0.79 mi |
| Skinner Ln | Morton Rd | 2011 | 2,080 | 0.97 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
