Lloyd Superblock
1380 NE Multnomah St, Portland, OR, 97232, US
18 332 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc.(“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a single-tenant Flagship Carwash facility located at 10765 Wawa Lane, White Plains, MD (“Property” or “Asset”). The Asset features a corporate guaranty from the Flagship Holding Company, LLC, the #1 market-leading car wash brand in the DC Metro with 37 locations and over 125,000 active subscription members.
Upon close, ownership will execute a new 20-year lease agreement with Flagship Holding Company, LLC (the “Tenant”) and receive $366,667 in annual rent, contractual rent escalations of 1.50% annually, zero landlord expense responsibilities, and 4, 5-year renewal options.
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Attributs
Prix demandé
7 735 000 $
Taux de capitalisation
6,65 %
RNI
515 000 $
VALSE
20 années
Superficie du bâtiment nette
499 mètres carrés
Année de construction
2023
Superficie du terrain brute
0,45 ha
Média
Points forts de l'investissement
- Optimal Lease Economics: Subject to a 20-Yr Absolute NNN Lease with 1.50% rent bumps every year, and (4) 5-Yr renewal options
- This Property shares access to a highly-trafficked Wawa Convenience Store
- 37+ unit corporate guaranty from Flagship Holding Company, LLC that has 125,000 active recurring members
- Strategically positioned near two additional Flagship locations, creating a "competitive moat" to greater Waldorf, MD
- Accelerated tax savings through cost segregation study -- 60% in 2024
- Property is directly exposed to 68,700 VPD at the intersection of US-301 N and Billingsley Rd
- Submarket growth of 28.9% since 2010
Contactez les courtiers
Access Holdings - Flagship Carwash SLB - White Plains, MD (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
21 oct. 2024
