Car Wash
Tommy's Express Carwash
1611 Schofield Ave, Schofield, WI 54476
Listing Price: $5,715,000
Cap Rate
7.00%
Tenant Name
Tommy's Express Carwash
Guarantor
Franchisee Guarantee
Rentable SF
4,010
Lease Type
Absolute Net
Rent Per Square Feet
$99.75
Investment Overview
Over 64,000 residents within five miles with an average household income of $79,875.
Schofield Ave traffic counts of 13,758 VPD
Tommy's Express Carwash
Investment Highlights
- Accelerated & Bonus Depreciation - Substantial Tax Incentive
- Absolute Triple Net Lease - 15 Year Sale Leaseback
- 10 Percent Rent Increases Every Five Years
- Build To Suit - 2020 (Significant Investment In equipment)
- Franchisee Guarantee - Four Locations
- Six - Five Years With 10% increases In Each
Exclusively Listed By
Financing By
Listing Price: $5,715,000
Cap Rate
7.00%
Tenant Name
Tommy's Express Carwash
Guarantor
Franchisee Guarantee
Rentable SF
4,010
Lease Type
Absolute Net
Rent Per Square Feet
$99.75
Investment Highlights
- Accelerated & Bonus Depreciation - Substantial Tax Incentive
- Absolute Triple Net Lease - 15 Year Sale Leaseback
- 10 Percent Rent Increases Every Five Years
- Build To Suit - 2020 (Significant Investment In equipment)
- Franchisee Guarantee - Four Locations
- Six - Five Years With 10% increases In Each
Investment Overview
Over 64,000 residents within five miles with an average household income of $79,875. Schofield Ave traffic counts of 13,758 VPD
Exclusively Listed By
Financing By
