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Car Wash

Spark Car Wash | 21-Year Lease | Bonus Depreciation

1659 NJ-38, Mount Holly, NJ 08060

Listing Price: $5,916,666

Cap Rate
6.00%
Tenant Name
Spark Car Wash LLC
Years Remaining On Lease
21.2
Guarantor
Corporate Guarantee
Rentable SF
6,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.26

Investment Overview

Rent subject to change slightly based on final construction costs. Please contact Listing Broker for additional information Certain principals of the selling entity, including but not limited to Glen Kunofsky and Nicoletti DePaul, are Exclusive Listing Agents and part fee-simple owners of the property. See back page for full disclosure.

Investment Highlights

  • Long-Term, 21-Year Absolute Triple Net (NNN) Lease | Over 20 Years of NNN Term Remain | Zero Landlord Responsibilities
  • Located Across from Lumberton Plaza Mall | Extremely High Visibility From Intersection
  • Highly Exposure Location| Route 38 and Mount Holly Bypass| 38,900 and 37,100 Vehicles Per Day, Respectively

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Car Wash

Spark Car Wash | 21-Year Lease | Bonus Depreciation

Listing Price: $5,916,666

Cap Rate
6.00%
Tenant Name
Spark Car Wash LLC
Years Remaining On Lease
21.2
Guarantor
Corporate Guarantee
Rentable SF
6,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.26

Investment Highlights

  • Long-Term, 21-Year Absolute Triple Net (NNN) Lease | Over 20 Years of NNN Term Remain | Zero Landlord Responsibilities
  • Located Across from Lumberton Plaza Mall | Extremely High Visibility From Intersection
  • Highly Exposure Location| Route 38 and Mount Holly Bypass| 38,900 and 37,100 Vehicles Per Day, Respectively

Investment Overview

Rent subject to change slightly based on final construction costs. Please contact Listing Broker for additional information Certain principals of the selling entity, including but not limited to Glen Kunofsky and Nicoletti DePaul, are Exclusive Listing Agents and part fee-simple owners of the property. See back page for full disclosure.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

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