NEC Crossroads Dr & Meridian dr - Tsunami Express Car Wash
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NEC Crossroads Dr & Meridian dr - Tsunami Express Car Wash
4,355 SF Specialty Building Offered at $5,600,000 at a 6.75% Cap Rate in Plover, WI 54467
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand-new 20-year absolute triple net lease
- Corporate Guarantee | The lease will be subject to a corporate guarantee from Tsunami Express.
- Attractive Rent Increases | The lease will feature scheduled increases of 2.00% annually, providing a hedge against inflation.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Tsunami Express Car Wash located at NEC Crossroads Dr & Meridian Dr, Plover, WI 54467. 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 $378,000 and has scheduled increases of 2.00% annually.
Property Facts
Price | $5,600,000 | Building Class | B |
Price Per SF | $1,286 | Lot Size | 1.61 AC |
Sale Type | Investment | Construction Status | Under Construction |
Cap Rate | 6.75% | Building Size | 4,355 SF |
Property Type | Specialty | No. Stories | 1 |
Property Subtype | Car Wash | Year Built | 2025 |
Price | $5,600,000 |
Price Per SF | $1,286 |
Sale Type | Investment |
Cap Rate | 6.75% |
Property Type | Specialty |
Property Subtype | Car Wash |
Building Class | B |
Lot Size | 1.61 AC |
Construction Status | Under Construction |
Building Size | 4,355 SF |
No. Stories | 1 |
Year Built | 2025 |
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NEC Crossroads Dr & Meridian dr - Tsunami Express Car Wash
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