Tsunami Express Car Wash | 4120 8th St
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Tsunami Express Car Wash 4120 8th St
4,355 SF Retail Building Wisconsin Rapids, WI 54494 $6,200,000 ($1,424/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 4120 8th St S, Wisconsin Rapids, WI 54494. 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 $418,500 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,355 SF
Building Class
B
Year Built
2024
Price
$6,200,000
Price Per SF
$1,424
Cap Rate
6.75%
NOI
$418,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.06 AC
Zoning
Commercial
Parking
50 Spaces (11.48 Spaces per 1,000 SF Leased)
Frontage
130 FT on Highway 13
Amenities
- Corner Lot
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3414102 | Improvements Assessment | $91,200 |
| Land Assessment | $179,900 | Total Assessment | $271,100 |
PROPERTY TAXES
Parcel Number
3414102
Land Assessment
$179,900
Improvements Assessment
$91,200
Total Assessment
$271,100
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Tsunami Express Car Wash | 4120 8th St
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