Car Wash
Caliber Car Wash
1880 NE Green Oaks Blvd, Arlington, TX 76006
Listing Price: $5,833,333
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Caliber Wash located at 1880 NE Green Oaks Boulevard in Arlington, TX. The site will consist of roughly 4,898 rentable square feet of building space and sits on approximately 1.40 acres. The car wash is subject to a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $350,000 and is scheduled to increase by one-and-one-quarter percent (1.25%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.
Caliber 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 (NNN) lease. The lease will have no landlord responsibilities.
- Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings, LLC.
- Attractive Rental Increases: The lease will feature one and one quarter (1.25%) rental increases annually
Exclusively Listed By
Broker of Record
Listing Price: $5,833,333
Investment Highlights
- 20-Year Triple-Net (NNN) Sale-Leaseback: At closing the Tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
- Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings, LLC.
- Attractive Rental Increases: The lease will feature one and one quarter (1.25%) rental increases annually
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Caliber Wash located at 1880 NE Green Oaks Boulevard in Arlington, TX. The site will consist of roughly 4,898 rentable square feet of building space and sits on approximately 1.40 acres. The car wash is subject to a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $350,000 and is scheduled to increase by one-and-one-quarter percent (1.25%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
