2345 Oneal Ln | Baton Rouge, LA 70816
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- LoopNet Team
2345 Oneal Ln
Baton Rouge, LA 70816
WhiteWater Express Car Wash · Specialist Property For Sale
·
4,001 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 30,000 Vehicles Per Day on O'Neal Ln and close to 116,500 Vehicles Per Day on Interstate 12.
- 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 80 retailers.
- STRONG CORPORATE GUARANTOR - 100+ Locations by the end of 2022 backed by over 50 years of combined car wash experience.
PROPERTY FACTS
| Property Type | Specialist | Property Size | 4,001 sq ft |
| Property Subtype | Car Wash | No. Floors | 1 |
| Costar Property Class | B | Year Built/Renovated | 2015/2022 |
| Total Plot Size | 1.18 ac |
| Property Type | Specialist |
| Property Subtype | Car Wash |
| Costar Property Class | B |
| Total Plot Size | 1.18 ac |
| Property Size | 4,001 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 2015/2022 |
PROPERTY TAXES
| Parcel Number | 03276139 | Improvements Assessment | £29,408 |
| Land Assessment | £42,376 | Total Assessment | £71,784 |
PROPERTY TAXES
Parcel Number
03276139
Land Assessment
£42,376
Improvements Assessment
£29,408
Total Assessment
£71,784
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