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
Tommy's Express - 10 YEAR SALE-LEASEBACK
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
Financing By
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
Financing By
