Whistle Express
Special Purpose | 6.00% CAP | 2,609 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Whistle Express located at 687 Brannen Street, Statesboro, GA. The site consists of roughly 4,324 rentable square feet of building space on an estimated 1.2-acre parcel of land. The current annual rent is $211,618 and has scheduled increases of 1.90% Annually 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.
Surrounded by Dense Residential and Retail | The site is embedded within a highly active corridor lined with neighborhood shopping centers, QSRs, apartments, and medical offices, drawing strong cross-traffic and visibility from both local residents and professionals.
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