62 Moore Dr - Take 5 Car Wash
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
62 Moore Dr - Take 5 Car Wash
2,053 SF Specialty Building Offered at $3,596,252 at a 6.75% Cap Rate in Southaven, MS 38671
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease | Zero Landlord Responsibilities
- Corporate Guarantee | Strong Guarantee from International Car Wash Group Ltd.
- Attractive Rental Increases | 1.75% Annual Rental Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Take 5 Car Wash
located at 62 Moore Drive, Southaven, MS 38671. The site consists of
roughly 2,053 rentable square feet of building space on an estimated 0.93-
acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net
(NNN) lease, which commenced 8/14/2019. The current annual rent is
$242,747 and has scheduled increases of 1.75% Annually.
located at 62 Moore Drive, Southaven, MS 38671. The site consists of
roughly 2,053 rentable square feet of building space on an estimated 0.93-
acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net
(NNN) lease, which commenced 8/14/2019. The current annual rent is
$242,747 and has scheduled increases of 1.75% Annually.
Property Facts
| Price | $3,596,252 | Building Class | B |
| Price Per SF | $1,752 | Lot Size | 0.93 AC |
| Sale Type | Investment | Building Size | 2,053 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2010 |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 2 |
| Price | $3,596,252 |
| Price Per SF | $1,752 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 2,053 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| No. Drive In / Grade-Level Doors | 2 |
PROPERTY TAXES
| Parcel Number | 1087250300010700 | Improvements Assessment | $29,907 |
| Land Assessment | $30,383 | Total Assessment | $60,290 |
PROPERTY TAXES
Parcel Number
1087250300010700
Land Assessment
$30,383
Improvements Assessment
$29,907
Total Assessment
$60,290
zoning
| Zoning Code | C-4 |
| C-4 |
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
62 Moore Dr - Take 5 Car Wash
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.