2178 Cherry Rd, Rock Hill, SC 29732
3,246 SF Specialty Building Offered at $5,726,193 at a 7.25% Cap Rate in Rock Hill, SC 29732
For Sale
Active
Asking Price $5,726,193
- Property Type
-
Specialty
- Square Feet
- 3,246 SF
- Price / Square Foot
- $1,764
Listing Contacts
Property Overview
The NNN Pro Group is pleased to present the exclusive listing for the Zips Car Wash located at 2178 North Cherry Road, Rock Hill, SC 29732. The site will consist of roughly 3,246 rentable square feet of building space on estimated 0.95-acre parcel of land. The Zips Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 12/28/2018. The initial annual rent is $415,149 and is scheduled to increase by 1.00% annually throughout the base term and continuing through 6, 5-Year Options.
Property Details
- Class
- C
- Year Built
- 2012
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 41,382 SF
Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Approximately 14 Years Remaining
- 1.00% Rental Increases Occurring Annually
- Atlantic Street Capital Recently Announced it has made an Additional $70 Million Investment to Further Support Zips Car Wash
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