5762 W Central Ave - WhiteWater Express Car Wash
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5762 W Central Ave - WhiteWater Express Car Wash
3,756 SF Speciality Building Offered at £3,802,707 at a 6.25% Net Initial Yield 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 | £3,802,707 | Building Class | B |
| Price Per SF | £1,012 | Lot Size | 0.93 AC |
| Sale Type | Investment | Building Size | 3,756 SF |
| Net Initial Yield | 6.25% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2023 |
| Property Subtype | Car Wash |
| Price | £3,802,707 |
| Price Per SF | £1,012 |
| Sale Type | Investment |
| Net Initial Yield | 6.25% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 3,756 SF |
| Number of Floors | 1 |
| Year Built | 2023 |
PROPERTY TAXES
| Parcel Number | 78-54151 | Improvements Assessment | £43,571 |
| Land Assessment | £55,237 | Total Assessment | £98,808 |
PROPERTY TAXES
Parcel Number
78-54151
Land Assessment
£55,237
Improvements Assessment
£43,571
Total Assessment
£98,808
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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