837 Kempsville Rd - Green Clean Express Auto Wash
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837 Kempsville Rd - Green Clean Express Auto Wash
3,000 SF Speciality Building Offered at £1,676,594 at a 6% Net Initial Yield in Virginia Beach, VA 23464
Investment Highlights
- New 2024 construction
- Desirable lease term | 14 years remaining
- Strong operator & parent company | Green Clean Car Wash is one of five award winning brands under Express Wash Concepts
- Absolute Net Ground Lease | Zero landlord responsibilities
- Corporate guaranty | International Care Wash Group, Ltd. | The world’s largest car wash companies operating in 14 different countries
- Outparcel of Fairfield Village Shopping Center | Approx. 200K SF of retail space | Food Lion & TJ Maxx anchored | Recent renovations
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Green Clean Express Auto Wash in Virginia Beach, VA. We welcome your review of this attractive investment.
Property Facts
| Price | £1,676,594 | Property Subtype | Car Wash |
| Price Per SF | £559 | Lot Size | 0.80 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| Net Initial Yield | 6% | Number of Floors | 1 |
| Sale Conditions | Ground Lease (Leased Fee) | Year Built | 2024 |
| Property Type | Speciality |
| Price | £1,676,594 |
| Price Per SF | £559 |
| Sale Type | Investment |
| Net Initial Yield | 6% |
| Sale Conditions | Ground Lease (Leased Fee) |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Lot Size | 0.80 AC |
| Building Size | 3,000 SF |
| Number of Floors | 1 |
| Year Built | 2024 |
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 1466-64-4850 | Improvements Assessment | £0 |
| Land Assessment | £1,217,402 | Total Assessment | £1,217,402 |
PROPERTY TAXES
Parcel Number
1466-64-4850
Land Assessment
£1,217,402
Improvements Assessment
£0
Total Assessment
£1,217,402
zoning
| Zoning Code | B2 (Fringe Commercial) |
| B2 (Fringe Commercial) |
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837 Kempsville Rd - Green Clean Express Auto Wash
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