Club Car Wash NNN Property For Sale — Taylor, TX
Taylor, TX
Club Car Wash express car wash in Taylor, TX. Sale-Leaseback offering with 20 years of lease term remaining. Tenant operates about 275 Locations. Rent increases 1.5% annually; renewal options: (3) 5-Year. Reported EBITDAR/rent coverage: 3.30x. Year-end depreciation: some buyers consider car-wash properties when planning year-end depreciation. Eligibility, timing and any tax benefit depend on your own circumstances and current tax law, and are not guaranteed. Please consult a qualified tax professional before relying on any depreciation strategy.
- Address: Taylor, TX
- Asking price $7.06M
- 5.65% cap rate
- NOI $399,000
- 20 years remaining
- NNN lease
- Year built: 2021
- Building size: 4,051 SF
- Lot size: 1.37 acres
- Guarantor: Corporate
- Renewal options: (3) 5-Year
Location
This Club Car Wash property is in Taylor, Texas.
Asset type: Car Wash