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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30111027
30111028

3820 College St, Beaumont, TX 77701 For Sale

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
JT
CA 02031343
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$4,266,127
134 days on market
Updated 34 days ago

ABS NET 20YR CAR WASH | #1 TEXAS OPERATOR | ANNUAL INCREASES

Details
Property Type Retail, Special Purpose
Sub Type Car Wash, Storefront
Square Footage 2,893
Cap Rate 6.65%
NOI $283,697
Tenancy Single
Brand/Tenant Bluewave Car Wash, ClearWater Express Wash
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Price per SqFt $1,475
Class A
Year Built 2018
Acreage 0.700
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Retail | 6.65% CAP | 2,893 SqFt

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310554/bluewave-express-car-wash

Listing Contacts

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
JT
CA 02031343
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$283,697.00
$23,641.42/mo

Valuation Metrics

0
DSCR
6.65%
Cap Rate
6.65%
ROI

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