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| Price $5,920,000 | Built/Renov 2023 | Tenant Cobblestone Car Wash |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,897
| Lease Start
07-01-2024
| #Units
76
|
| Price/SF $1,003.90 | Expiration
06-30-2044
| Tenant Type Automotive |
| NOI $370,000 | R. Term 19.7 | Ownership Fee Simple |
| Rent/SF
$62.74
| Increases 1.5%/1/yrs | Pop 5Mi 326,048 |
| Lot/AC 1.36 | Options 4/5yrs/1.5% | AHHI 5Mi $76,652 |
| | |
Cobblestone Carwash is strategically located on West Northern Avenue, with access to 31,600 vehicles passing by daily. West Northern Avenue also serves as a crucial access route to Arizona State Route 101, which brings an additional 126,600 vehicles into the immediate area. Moreover, this property benefits from its prime location within a dense retail corridor, surrounded by well-known...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Long 20+ yr lease
Accelerated depreciation
Corporate Guarantee
Spotless Brands is a car wash company currently partnering with 4 industry-leading brands: Cobblestone Auto Spa, Okie Express Auto Wash, Flagship Carwash, and Ultimate Shine Car Wash. Their car...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 7,234 | 85,829 | 324,660 |
| 2023 Total Population : | 7,118 | 82,194 | 317,975 |
| 2023 Employed Civilian Pop : | 3,377 | 37,788 | 143,504 |
| 2023 Total Businesses : | 301 | 1,572 | 4,964 |
| 2023 Average Household Income : | $ 69,238 | $ 84,497 | $ 83,648 |
| 2023 Total Consumer Spending : | $ 174 M | $ 2315 M | $ 8141 M |
| 2023 Median Age : | 36 | 39 | 35 |
| 2023 Total Households : | 2,866 | 31,472 | 111,407 |
| 2023 Pop Age 25+: Bachelor's Degree : | 673 | 8,073 | 26,897 |
| 2023 Average Home Value : | $ 308,133 | $ 342,136 | $ 331,085 |
Waco, TX
Cap Rate 6.85%
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Size/SF 4,500
Robinson, TX
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Roanoke, VA
Cap Rate 6.75%
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Gainesville, FL
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Roanoke, VA
Cap Rate 6.75%
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Marietta, GA
Cap Rate 6.86%
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Bentonville, AR
Cap Rate 6.50%
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Size/SF 5,800
Miller Place, NY
Cap Rate 7.00%
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Columbus, GA
Cap Rate 6.90%
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R. Term 18.40 yrs
Size/SF 3,223
Bentonville, AR
Cap Rate 6.50%
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Size/SF 5,968
Marietta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 3,206
Marietta, GA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 3,192
Orlando, FL
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,200
Powell, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 4,380
American Fork, UT
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 11,725
DeBary, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 17.80 yrs
Size/SF 3,211
Riverside, CA
Cap Rate 6.50%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 6,208
Victorville, CA
Cap Rate 6.75%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 5,400
Tampa, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,712
Tucson, AZ
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 4,573
Cumming, GA
Cap Rate 6.00%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 4,117
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
