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Miscellaneous

International Car Wash Group

2406 W Broadway St, Ardmore, OK 73401

Listing Price: $4,370,909

Cap Rate
5.50%
Tenant Name
ICWG
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
3,575
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.24

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 2406 W Broadway St in Ardmore, OK. The tenant will enter into a brand new, 20-year triple-net (NNN) lease upon close of escrow with absolutely no landlord responsibilities. The base annual rent will be $240,400 and will be subject to 1.50% annual rental escalations throughout the base term as well as the four, five-year tenant renewal option periods. The lease will have a corporate guarantee. International Car Wash Group operates more than 900 locations throughout the United States and Internationally. The property is 3,575 rentable square feet and is situated on 0.92 acres.

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback
  • Corporate Guarantee
  • Accelerated Depreciation

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Miscellaneous

International Car Wash Group

Listing Price: $4,370,909

Cap Rate
5.50%
Tenant Name
ICWG
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
3,575
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.24

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback
  • Corporate Guarantee
  • Accelerated Depreciation

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 2406 W Broadway St in Ardmore, OK. The tenant will enter into a brand new, 20-year triple-net (NNN) lease upon close of escrow with absolutely no landlord responsibilities. The base annual rent will be $240,400 and will be subject to 1.50% annual rental escalations throughout the base term as well as the four, five-year tenant renewal option periods. The lease will have a corporate guarantee. International Car Wash Group operates more than 900 locations throughout the United States and Internationally. The property is 3,575 rentable square feet and is situated on 0.92 acres.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

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