403 James Campbell Blvd, Columbia, TN 38401

2,713 SF Specialty Building Offered at $2,802,158 at a 7.50% Cap Rate in Columbia, TN 38401

Asking Price $2,802,158

Property Type
Specialty
Square Feet
2,713 SF
Price / Square Foot
$1,033

Listing Contacts

Glen Kunofsky
Glen Kunofsky
Matthew Anuszkiewicz
Matthew Anuszkiewicz
Andrew Darby
Andrew Darby
  • Property Info

Property Overview

The NNN Pro Group is pleased to present the exclusive listing for the Mister Car Wash located at 403 South James Campbell Blvd, Columbia, TN 38401. The site will consist of roughly 2,713 rentable square feet of building space on estimated 1.56-acre parcel of land. The Mister Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 3/24/2015. The initial annual rent is $210,162 and is scheduled to increase by 1.50% annually throughout the base term and continuing through 4, 5-Year Options.

Property Details

Class
C
Year Built
2007
Stories
1
Property Subtype
Car Wash
Lot Size (sq. ft)
67,954 SF

Highlights

  • 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 11 Years Remaining
  • 1.50% Rental Increases Occurring Annually

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