602 Apollo rd - WhiteWater Express Car Wash | Scott, LA
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602 Apollo rd - WhiteWater Express Car Wash | Scott, LA
4,867 SF Speciality Building Offered at £3,506,316 at a 6.75% Net Initial Yield in Scott, LA 70583
Investment Highlights
- Brand-New Construction WhiteWater Express Car Wash: Corporate guaranteed lease ($500 million net worth)
- Exceptional Highway Accessibility; New Apollo Road Extension: Proximity to Interstate 10, Highway 93, and the four-laned Apollo Road extension
- Scott is Part of Lafayette Parish: The property is 6 miles west of Lafayette
- Why Investors Choose WhiteWater Express Car Wash: WW leased properties have historically sold at a premium above most other car wash operators
- High-Growth Trade Area; Adjacent to the New West Village Development: Over 283% population growth within a 3-mile radius from 2010 to 2020
Executive Summary
20-Year Absolute NNN Corporate Lease | 120+ Unit Multi-State Operator Full Corporate Guaranty | 6 Miles from Lafayette Suburb
Property Facts
| Price | £3,506,316 | Building Class | B |
| Price Per SF | £720 | Lot Size | 1.39 AC |
| Sale Type | Investment | Building Size | 4,867 SF |
| Net Initial Yield | 6.75% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2024 |
| Property Subtype | Car Wash | Parking Ratio | 1.64/1,000 SF |
| Price | £3,506,316 |
| Price Per SF | £720 |
| Sale Type | Investment |
| Net Initial Yield | 6.75% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.39 AC |
| Building Size | 4,867 SF |
| Number of Floors | 1 |
| Year Built | 2024 |
| Parking Ratio | 1.64/1,000 SF |
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 6175077 | Improvements Assessment | £0 |
| Land Assessment | £53,615 | Total Assessment | £53,615 |
PROPERTY TAXES
Parcel Number
6175077
Land Assessment
£53,615
Improvements Assessment
£0
Total Assessment
£53,615
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Jeff Lefko -
Bill Asher -
Hanley Investment Group
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602 Apollo rd - WhiteWater Express Car Wash | Scott, LA
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