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Tsunami Express Car Wash 15301 W Coffee Rd

4,808 SF Retail Building New Berlin, WI 53151 $5,900,000 ($1,227/SF) 6.75% Cap Rate

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease
  • Corporate Guarantee
  • Attractive Rent Increases

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Tsunami Express Car Wash located at 15301 W Coffee Rd, New Berlin, WI 53151. The site consists of roughly 4,900 rentable square feet of building space on an estimated 2-acre parcel of land. This Tsunami Express Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $398,250 and has scheduled increases of 2.00% annually

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,808 SF
Building Class
C
Year Built
2024
Price
$5,900,000
Price Per SF
$1,227
Cap Rate
6.75%
NOI
$398,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.75 AC
Zoning
B1
Frontage
207 FT on W Coffee Rd

Amenities

  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

Pick 'n Save
WW
U.S. Bank
Sendik's Food Market
George Webb Restaurant
The YMCA
Chase
Noodles & Company
Summit Credit Union
Starbucks
  • Listing ID: 34276233

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 15301 W Coffee Rd, New Berlin, WI 53151

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