Miscellaneous
Take 5 Car Wash
2183 Eastern Ave, Gallipolis, OH 45631
Listing Price: $2,765,948
Investment Overview
INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a Take 5 Car Wash in Gallipolis, OH. The site consists of roughly 3,384 rentable square feet of building space on estimated 0.87-acre parcel of land. This Take 5 Car Wash is subject to a 20-year absolute triple-net (NNN) lease that commences upon the close of escrow. The annual rent is $152,127 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.
Take 5 Car Wash
Investment Highlights
- 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.
- Corporate Guarantee: The Lease is Subject to a Corporate Guarantee |1,100+ Locations Backing the Lease
- Accelerated Depreciation: This Property Qualifies for 15 Year Accelerated Depreciation
Listing Price: $2,765,948
Investment Highlights
- 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.
- Corporate Guarantee: The Lease is Subject to a Corporate Guarantee |1,100+ Locations Backing the Lease
- Accelerated Depreciation: This Property Qualifies for 15 Year Accelerated Depreciation
Investment Overview
INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a Take 5 Car Wash in Gallipolis, OH. The site consists of roughly 3,384 rentable square feet of building space on estimated 0.87-acre parcel of land. This Take 5 Car Wash is subject to a 20-year absolute triple-net (NNN) lease that commences upon the close of escrow. The annual rent is $152,127 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.
