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Car Wash

Tommy's Express - 10 YEAR SALE-LEASEBACK

102 W Bridge St, Wausau, WI 54401

Listing Price: $6,250,000

Cap Rate
6.00%
Tenant Name
Tommy's Express
Guarantor
Franchisee Guarantee
Rentable SF
4,010
Lease Type
Absolute Net
Rent Per Square Feet
$93.52

Investment Overview

OVER 54,000 RESIDENTS WITHIN FIVE MILES

AVERAGE HOUSEHOLD INCOME OF $77,228 WITHIN FIVE MILES

ADJACENT TO DUNKIN’ & CVS

W BRIDGE STREET – 16,679+ VPD

Investment Highlights

  • 10 YEAR SALE-LEASEBACK
  • 10% RENT INCREASES EVERY FIVE YEARS
  • SIX – FIVE YEAR OPTIONS WITH 10% RENT BUMPS IN EACH
  • FOUR LOCATION GUARANTEE - OPERATORS PLANS ARE TO OPEN MORE LOCATIONS
  • BUILD-TO-SUIT LOCATION (2020)
  • ABSOLUTE-NET LEASE (NO LANDLORD RESPONSIBILITIES)

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

Car Wash

Tommy's Express - 10 YEAR SALE-LEASEBACK

Listing Price: $6,250,000

Cap Rate
6.00%
Tenant Name
Tommy's Express
Guarantor
Franchisee Guarantee
Rentable SF
4,010
Lease Type
Absolute Net
Rent Per Square Feet
$93.52

Investment Highlights

  • 10 YEAR SALE-LEASEBACK
  • 10% RENT INCREASES EVERY FIVE YEARS
  • SIX – FIVE YEAR OPTIONS WITH 10% RENT BUMPS IN EACH
  • FOUR LOCATION GUARANTEE - OPERATORS PLANS ARE TO OPEN MORE LOCATIONS
  • BUILD-TO-SUIT LOCATION (2020)
  • ABSOLUTE-NET LEASE (NO LANDLORD RESPONSIBILITIES)

Investment Overview

OVER 54,000 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $77,228 WITHIN FIVE MILES ADJACENT TO DUNKIN’ & CVS W BRIDGE STREET – 16,679+ VPD

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

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