5762 W Central Ave - WhiteWater Express Car Wash
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5762 W Central Ave - WhiteWater Express Car Wash
3,756 SF Specialty Building Offered at $7,029,990 CAD at a 6.25% Cap Rate in Toledo, OH 43615
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Attractive Rental Increases | This lease features 1.25% annual rental increases, hedging against inflation.
- Long-Term Absolute Triple Net (NNN) Lease
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a
WhiteWater Express Car Wash located at 5762 Central Ave,
Toledo, OH 43615. The site consists of roughly 3,756 rentable
square feet of building space on an estimated 0.93-acre parcel of
land. This WhiteWater Express Car Wash is subject to a 20-year
Triple Net (NNN) lease, which commenced 12/1/2023. The
current annual rent is $303,750 and has scheduled increases of
1.25% Annually.
WhiteWater Express Car Wash located at 5762 Central Ave,
Toledo, OH 43615. The site consists of roughly 3,756 rentable
square feet of building space on an estimated 0.93-acre parcel of
land. This WhiteWater Express Car Wash is subject to a 20-year
Triple Net (NNN) lease, which commenced 12/1/2023. The
current annual rent is $303,750 and has scheduled increases of
1.25% Annually.
PROPERTY FACTS
| Price | $7,029,990 CAD | Building Class | B |
| Price Per SF | $1,872 CAD | Lot Size | 0.93 AC |
| Sale Type | Investment | Building Size | 3,756 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash |
| Price | $7,029,990 CAD |
| Price Per SF | $1,872 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 3,756 SF |
| No. Stories | 1 |
| Year Built | 2023 |
PROPERTY TAXES
| Parcel Number | 78-54151 | Improvements Assessment | $79,844 CAD |
| Land Assessment | $101,223 CAD | Total Assessment | $181,068 CAD |
PROPERTY TAXES
Parcel Number
78-54151
Land Assessment
$101,223 CAD
Improvements Assessment
$79,844 CAD
Total Assessment
$181,068 CAD
ZONING
| Zoning Code | C1 |
| C1 |
CONTACTS
-
Glen Kunofsky -
Alexandre Marietto -
Amelia Haydock -
Walker Stevens -
NNN Pro Group
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5762 W Central Ave - WhiteWater Express Car Wash
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