20311 Highland Rd | Baton Rouge, LA 70817
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- LoopNet Team
20311 Highland Rd
Baton Rouge, LA 70817
WhiteWater Express Car Wash · Specialist Property For Sale
·
3,434 sq ft
INVESTMENT HIGHLIGHTS
- LONG TERM LEASE - The subject property has over 18 years remaining on the initial term of a Corporate Absolute NNN Lease.
- EXCELLENT VISIBILITY - The immediate area sees over 16,600 Vehicles Per Day on Highland Rd and close to 37,100 Vehicles Per Day on U.S Highway 61.
- RENTAL INCREASES - 1.25% Annual Rental increases throughout the base term gives the investor the ability to hedge against inflation.
- BONUS DEPRECIATION - Fee simple ownership of a Car Wash provides the landlord the opportunity to use accelerated Bonus depreciation model.
- GREAT LOCATION - Well-located asset within the growing Baton Rouge MSA. Positioned directly next to Dollar General and near more than 90 retailers.
- STRONG CORPORATE GUARANTOR - 100+ Locations by the end of 2022 backed by over 50 years of combined car wash experience between managing partners and P
PROPERTY FACTS
| Property Type | Specialist | Property Size | 3,434 sq ft |
| Property Subtype | Car Wash | No. Floors | 1 |
| Costar Property Class | B | Year Built/Renovated | 2012/2022 |
| Total Plot Size | 0.86 ac |
| Property Type | Specialist |
| Property Subtype | Car Wash |
| Costar Property Class | B |
| Total Plot Size | 0.86 ac |
| Property Size | 3,434 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 2012/2022 |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 02317389 | Improvements Assessment | £27,553 |
| Land Assessment | £21,523 | Total Assessment | £49,076 |
PROPERTY TAXES
Parcel Number
02317389
Land Assessment
£21,523
Improvements Assessment
£27,553
Total Assessment
£49,076
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