Fayetteville, NC - Tidal Wave Auto Spa
$5,520,000
3665 Black & Decker Rd, Fayetteville, NC 28306
6
Cap Rate
331,224
NOI
Details:
Description:
4.7 term years remaining providing investors with long term income backed by a corporate signed lease
• Featuring an Absolute NNN lease making the tenant responsible for aspects of the premises, providing a passive, low-management investment
• 5 (5-Year) options to extend giving extensive renewal structure and potential for a long term tenant occupancy beyond the initial lease term
• Tidal Wave has expanded to 332 locations across 30 states, strengthening the credit profile and national presence of the tenant
• Located near Walmart Supercenter at Airport Plaza and national retailers including Food Lion, Dollar Tree, Walgreens, CVS, Starbucks, McDonald’s and more
• Fronting Black and Decker Road, with nearby access to U.S. Highway 301 and Airport Road, carrying approximately 28,600 and 8,500 VPD
• Located near Fayetteville Regional Airport (FAY), serving nearly 500,000 travelers annually
• Approximately 90,700 residents and 37,800 households are located within 5-miles
Location
Gallery