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6449 S Whitnall Edge Rd - Tsunami Express Car Wash

5,179 SF Speciality Building Offered at £5,026,455 at a 6.75% Net Initial Yield in Franklin, WI 53132

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 6449 S Whitnall Edge Rd, Franklin, WI 53132. 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 $425,250 and has scheduled increases of 2.00% annually.

Property Facts

Price £5,026,455
Price Per SF £971
Sale Type Investment
Net Initial Yield 6.75%
Property Type Speciality
Property Subtype Car Wash
Building Class B
Lot Size 1.40 AC
Construction Status Proposed
Building Size 5,179 SF
Number of Floors 1
Year Built 2025
Parking Ratio 1.92/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
705-8997-003
Land Assessment
£344,815
Improvements Assessment
£0
Total Assessment
£344,815

zoning

Zoning Code TC1
TC1
  • Listing ID: 34276324

  • Date on Market: 23/12/2024

  • Last Updated:

  • Address: 6449 S Whitnall Edge Rd, Franklin, WI 53132

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