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Miscellaneous

International Car Wash Group

1853 W 4100 S, Taylorsville, UT 84119

Listing Price: $3,586,180

Cap Rate
5.00%
Tenant Name
International Car Wash Group Ltd.
Years Remaining On Lease
17.4
Guarantor
Corporate Guarantee
Rentable SF
6,994
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.64

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an International Car Wash Group (“ICWG”). located at 1863 West 4100 South in Taylorsville, Utah. The site consists of 6,994 rentable square feet of building space on estimated 0.9-acre parcel of land. This ICWG is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 21st, 2020. There are 1.75% annual rental escalations throughout the base term as well as the four, five-year tenant renewal option periods. The lease has a corporate guarantee by ICWG, ICWG operates more than 950 locations internationally.

Investment Highlights

  • High Performing Location: Inquire With Listing Agent
  • Accelerated & Bonus Depreciation: The Property Qualifies For Both 100% Bonus Depreciation & Fifteen Year Accelerated Depreciation
  • Long Term Lease With Zero Landlord Responsibilities & Annual Increases

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-SA00

    Utah

Miscellaneous

International Car Wash Group

Listing Price: $3,586,180

Cap Rate
5.00%
Tenant Name
International Car Wash Group Ltd.
Years Remaining On Lease
17.4
Guarantor
Corporate Guarantee
Rentable SF
6,994
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.64

Investment Highlights

  • High Performing Location: Inquire With Listing Agent
  • Accelerated & Bonus Depreciation: The Property Qualifies For Both 100% Bonus Depreciation & Fifteen Year Accelerated Depreciation
  • Long Term Lease With Zero Landlord Responsibilities & Annual Increases

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an International Car Wash Group (“ICWG”). located at 1863 West 4100 South in Taylorsville, Utah. The site consists of 6,994 rentable square feet of building space on estimated 0.9-acre parcel of land. This ICWG is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 21st, 2020. There are 1.75% annual rental escalations throughout the base term as well as the four, five-year tenant renewal option periods. The lease has a corporate guarantee by ICWG, ICWG operates more than 950 locations internationally.

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-SA00

    Utah

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