Whistle Express
Retail | 5.75% CAP | 4,753 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Whistle Express located at 5130 Copper Creek Boulevard, Millington, TN 38053. The site consists of roughly 4,753 rentable square feet of building space on an estimated 1.37-acre parcel of land. Whistle Express is subject to a 29-year Triple Net (NNN) lease, which commenced 12.31.2020. The current annual rent is $264,522 and has scheduled increases of 1.90% Annually beginning 1/1/2030.
Investment highlights
Long-Term 29-Year Triple Net Lease | Whistle Express is secured by a 29-year NNN lease that commenced 12/31/2020, providing investors with nearly three decades of contractual income and limited landlord responsibilities.
Strong Current Rent With Future Growth | The property features an attractive annual rent of $264,522 with scheduled 1.90% annual increases beginning 1/1/2030, offering built-in income growth and long-term hedge against inflation.
Passive NNN Structure | As a Triple Net (NNN) lease, the tenant is responsible for taxes, insurance, and maintenance, minimizing landlord obligations and creating a predictable, low-management investment.
Established Operating Location | The 4,753-square-foot facility sits on a 1.37-acre parcel designed specifically for high-volume car wash operations, supporting operational efficiency and long-term site viability.
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