Retail    

Holley's Super Wash 

 Wetumpka (Montgomery), AL 

Asking Price

$3,600,000

Cap Rate

6.25%

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Lease

Abs NNN

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Remodeled

2013

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New Lease Term

10 Years

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Avg HHI

$98,000 (3-Mi)

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Profitable

Location

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Rental Increases

2% Annually

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • New 15-Year Abs. NNN Corporate Lease with No Landlord Responsibilities
  • Experienced Corporate Operator Managing This Location (Contact Broker for Details)
  • 2% Annual Rental Increases.
  • 100% Bonus Depreciation - Opportunity to Utilize Accelerated Bonus Depreciation Due to the Car Wash Use (Consult with Your Tax Specialist)
  • Well Established & Profitable Location, 24+ Years in Operation, Seasoned Operator of Automotive Businesses Including 6 Tire Stores and an Established Car Wash All Located in the Montgomery MSA
  • 2013 Remodel with Plans for $50k in Improvements
  • Excellent Average HH Income of $98k+ in a 3-Mile Radius
  • Located Along Highway 231 (37k+ VPD)
  • Nearby National Retailers Include AutoZone, McDonald's, Starbucks, Walmart, Lowe’s, Winn-Dixie, Dunkin', Captain D's, Walgreens, and More. Multiple Homes in the Immediate Area, as Well as the Wind Creek Casino & Resort

Exclusively Listed By

Milo Spector

Senior Vice President
  mspector@northmarq.com      415.610.8970
BRE #01959211

Stephen Hasbrook

Investment Sales Analyst
  shasbrook@northmarq.com      925.412.3467
BRE #02082677

Chris Lomuto

Associate Vice President

BRE #01962410

Matt Lipson

Associate Vice President

OR Lic. #201225340

In Association With
Ryan Butler

AL Lic. #000101183

Northmarq

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Walnut Creek, CA 94596


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