Tidal Wave Auto Spa NNN Property For Sale — Mountain Home, ID
180 NE CITY VIEW DR, Mountain Home, ID 83647
This newly constructed Tidal Wave Auto Spa offers an exceptional ground lease opportunity with a corporate-guaranteed, absolute triple net lease, providing a passive investment with no landlord responsibilities. The property features a new 20-year primary lease term with attractive rental increases through the base term and renewal options.
- Address: 180 NE CITY VIEW DR, Mountain Home, ID 83647
- Asking price $1.96M
- 4.85% cap rate
- NOI $95,000
- 16.4 years remaining
- NNN lease
- Year built: 2023
- Building size: 3,500 SF
- Lot size: 1.27 acres
- Lease expiration: Feb 8, 2043
- Rent increases: Year 1-5: $95,000; Year 6-10: $104,500; Year 11-15: $114,950; Year 16-20: $126,445; …
- Guarantor: Corporate
Location
This Tidal Wave Auto Spa property is at 180 NE CITY VIEW DR in Mountain Home, Idaho.
Asset type: Retail - Car Wash