Whistle Express
Special Purpose | 6.00% CAP | 3,178 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Whistle Express located at 4758 US-280, Birmingham, AL. The site consists of roughly 3,178 rentable square feet of building space on an estimated 1.3-acre parcel of land. The current annual rent is $127,260 and has scheduled increases of 1.90% annually.
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 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.
Affluent and Growing Demographic Base | Within a 5-mile radius, the area boasts a 2023 average household income of $138,761 and is projected to grow steadily, reflecting high local purchasing power and stability.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
