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28021140
28021141

39060 Colorado Ave, Avon, OH 44011

RN
NY 10401294015
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$2,727,557
232 days on market
Updated 7 days ago

Take 5 Car Wash

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,682
Cap Rate 6%
NOI $163,653
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2049
Remaining Term 23.5
Price per SqFt $583
Year Built 2019
Acreage 2.400
Tenant Credit Corporate Guarantee
Ownership Fee Simple

Special Purpose | 6.00% CAP | 4,682 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 39060 Colorado Ave, Avon, OH. The site consists of roughly 4,682 rentable square feet of building space on an estimated 2.4-acre parcel of land. The current annual rent is $163,653 and has scheduled increases of 1.90% annual beginning 1/1/2030.

Investment highlights

  • Over 24 Years Remaining | True Triple Net Lease | The property is backed by a new NNN lease, offering investors stable and passive income with zero landlord obligations. Scheduled 1.90% annual rent increases beginning on 1/1/2030 provide consistent cash flow growth.

  • Bonus Depreciation | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Surmount is not a tax advisor. Please consult your own tax professional.

  • Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America | The lease is backed by Whistle Express, the nation’s largest car wash operator, providing investors with security and stability. As a market leader with a rapidly expanding footprint, Whistle Express brings strong creditworthiness and proven operational expertise to the site.

  • High-Income Submarket of Greater Cleveland | Situated in Avon, one of Northeast Ohio’s most affluent and rapidly growing suburbs, the site benefits from strong consumer spending power with average household incomes exceeding $110,000 within five miles.

Listing Contacts

RN
NY 10401294015
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$163,653.00
$13,637.75/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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C-4 CommercialGeneral CommercialGeneral Business
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
RB14037939
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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