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602 Apollo rd - WhiteWater Express Car Wash | Scott, LA

4,867 SF Specialty Building Offered at $4,444,000 at a 6.75% Cap Rate in Scott, LA 70583

Car Washes Louisiana Scott 602 Apollo rd, Scott, LA 70583

Investment Highlights

  • Brand-New Construction WhiteWater Express Car Wash: Corporate guaranteed lease ($500 million net worth)
  • Exceptional Highway Accessibility; New Apollo Road Extension: Proximity to Interstate 10, Highway 93, and the four-laned Apollo Road extension
  • Scott is Part of Lafayette Parish: The property is 6 miles west of Lafayette
  • Why Investors Choose WhiteWater Express Car Wash: WW leased properties have historically sold at a premium above most other car wash operators
  • High-Growth Trade Area; Adjacent to the New West Village Development: Over 283% population growth within a 3-mile radius from 2010 to 2020

Executive Summary

20-Year Absolute NNN Corporate Lease | 120+ Unit Multi-State Operator Full Corporate Guaranty | 6 Miles from Lafayette Suburb

Property Facts

Price $4,444,000 Building Class B
Price Per SF $913 Lot Size 1.39 AC
Sale Type Investment Building Size 4,867 SF
Cap Rate 6.75% No. Stories 1
Property Type Specialty Year Built 2024
Property Subtype Car Wash Parking Ratio 1.64/1,000 SF
Price $4,444,000
Price Per SF $913
Sale Type Investment
Cap Rate 6.75%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.39 AC
Building Size 4,867 SF
No. Stories 1
Year Built 2024
Parking Ratio 1.64/1,000 SF

Amenities

  • Signage

Links

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602 Apollo rd, Scott, LA - aerial map view - Image1
602 Apollo rd, Scott, LA - aerial map view - Image2

PROPERTY TAXES

Parcel Number 6175077 Improvements Assessment $0
Land Assessment $67,953 Total Assessment $67,953

PROPERTY TAXES

Parcel Number
6175077
Land Assessment
$67,953
Improvements Assessment
$0
Total Assessment
$67,953
(844) 585-7682

  • Listing ID: 33235705

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 602 Apollo rd, Scott, LA 70583

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602 Apollo rd, Scott, LA for sale Primary Photo- Image 1 of 5
WhiteWaterExpressCarWash_Scott_Cover
602 Apollo rd, Scott, LA for sale Site Plan- Image 2 of 5
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602 Apollo rd, Scott, LA for sale Aerial- Image 3 of 5
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602 Apollo rd, Scott, LA for sale Aerial- Image 4 of 5
WhiteWaterExpressCarWash_Scott_Aerial2

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602 Apollo rd - WhiteWater Express Car Wash | Scott, LA
(844) 585-7682 x

602 Apollo rd - WhiteWater Express Car Wash | Scott, LA

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Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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