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Miscellaneous

International Car Wash Group

2037 N 11th St W, Muskogee, OK 74401

Listing Price: $4,345,455

Cap Rate
5.50%
Tenant Name
ICWG
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.80

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 2037 N 11th St SW in Muskogee, Oklahoma. The tenant will enter into a brand new, 20-year triple-net lease upon close of escrow with absolutely no landlord responsibilities. The base annual rent will be $239,000 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 5,000 rentable square feet and is situated on 1.00 acres.

Investment Highlights

  • 20-Year Triple-Net 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: $4,345,455

Cap Rate
5.50%
Tenant Name
ICWG
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.80

Investment Highlights

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

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 2037 N 11th St SW in Muskogee, Oklahoma. The tenant will enter into a brand new, 20-year triple-net lease upon close of escrow with absolutely no landlord responsibilities. The base annual rent will be $239,000 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 5,000 rentable square feet and is situated on 1.00 acres.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

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