Tsunami Express Car Wash | 15301 W Coffee Rd
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Tsunami Express Car Wash 15301 W Coffee Rd
4,808 SF Retail Building New Berlin, WI 53151 £4,707,315 (£979/SF) 6.75% Net Initial Yield
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guarantee
- Attractive Rent Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Tsunami Express Car Wash located at 15301 W Coffee Rd, New Berlin, WI 53151. The site consists of roughly 4,900 rentable square feet of building space on an estimated 2-acre parcel of land. This Tsunami Express Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $398,250 and has scheduled increases of 2.00% annually
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,808 SF
Building Class
C
Year Built
2024
Price
£4,707,315
Price Per SF
£979
Net Initial Yield
6.75%
NOI
£317,744
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
1.75 AC
Zoning
B1
Parking
15 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
207 ft on W Coffee Rd
Amenities
- Pylon Sign
- Signalised Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | NBC-1207-998 | Improvements Assessment | £69,333 |
Land Assessment | £154,863 | Total Assessment | £224,196 |
PROPERTY TAXES
Parcel Number
NBC-1207-998
Land Assessment
£154,863
Improvements Assessment
£69,333
Total Assessment
£224,196
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Tsunami Express Car Wash | 15301 W Coffee Rd
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