NNN Industrial Investment - 1051 Aqua Dr
Industrial | 8.38% CAP | 16,405 SqFt
Marketing description
Investment opportunity truck and container wash facility leased to Quala Wash, national credit operator of tanker trailer washing and repair. The facility was constructed in 2019+/- and consists of a 16,405 square foot metal walled/steel framed building on approximately ten acres - 22,000+/ square feet of concrete parking for automobiles and 250,000+/- square feet of rock parking and yard for tanker trailers.
The building has 2,038+/- square feet of office, which is comprised of reception, four offices, storage room, break room, restroom and a drivers' lounge with restrooms/showers. There is mezzanine storage above the office area. The service/warehouse area contains 11,883+/- square feet of climate-controlled area and there is a separate truck wash shed area containing approximately 2,484 square feet. 24' sidewall height in service/warehouse area of the building. There are eight 14' x 18' overhead grade level doors (four drive thru bays), three 12' x 14' overhead doors and one 7' x 9' overhead door in the service/warehouse area. Separate areas for wastewater treatment plant, wastewater lab and vats and pump room. Outside tank containment area.
Conveniently located just off I-20 at the I-20/Hwy. 3227 interchange. Property has approximately 785 feet fronting Aqua Drive.
The lease commenced January 2022 and expires December 31, 2031. The property is being marketed at a 8.38% cap rate. Current rent is $19,922 per month. Please contact agent for more information.
Investment highlights
- Investment opportunity truck and container wash facility leased to Quala Wash, national credit operator of tanker trailer washing and repair
- The facility was constructed in 2019+/- and consists of a 16,405 square foot metal walled/steel framed building on approximately ten acres
- 22,000+/- square feet of concrete parking for automobiles and 250,000+/- square feet of rock parking and yard for tanker trailers
- The building has 2,038+/- square feet of office, which is comprised of reception, four offices, storage room, break room, restroom and a drivers' lounge with restrooms/showers
- There is mezzanine storage above the office area
- The service/warehouse area contains 11,883+/- square feet of climate-controlled area
- Separate truck wash shed area containing approximately 2,484 square feet
- 24' sidewall height in service/warehouse area of the building
- Eight 14' x 18' overhead grade level doors (four drive thru bays), three 12' x 14' overhead doors and one 7' x 9' overhead door
- Separate areas for wastewater treatment plant, wastewater lab and vats and pump room
- Outside tank containment area
- Conveniently located just off I-20 at the I-20/Hwy. 3227 interchange
- Property has approximately 785 feet fronting Aqua Drive
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