Tsunami Express Car Wash | 6485 US Highway 6
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Tsunami Express Car Wash 6485 US Highway 6
4,350 SF Retail Building Portage, IN 46368 £4,328,100 (£995/SF) 6.75% Net Initial Yield
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guarantee
- Attractive Rent Increases | The lease will feature scheduled increases of 2.00% annually, providing a hedge against inflation.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Tsunami Express Car Wash located at 6485 US Hwy 6, Portage, IN 46368. 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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,350 SF
Building Class
B
Year Built
2025
Price
£4,328,100
Price Per SF
£995
Net Initial Yield
6.75%
NOI
£292,147
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
1.83 AC
Frontage
Amenities
- Pylon Sign
- Signalised Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 64-05-25-226-001.000-016 | Improvements Assessment | £815,840 |
Land Assessment | £466,919 | Total Assessment | £1,282,759 |
PROPERTY TAXES
Parcel Number
64-05-25-226-001.000-016
Land Assessment
£466,919
Improvements Assessment
£815,840
Total Assessment
£1,282,759
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Tsunami Express Car Wash | 6485 US Highway 6
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