Mattituck Car Wash

Mattituck, New York

NNN Pro is pleased to present the exclusive listing for a Mattituck Car Wash
located at 6565 Main Rd, Mattituck, NY, 11952. The site consists of roughly
2,665 rentable square feet of building space on an estimated 0.89-acre
parcel of land. This Mattituck Car Wash is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $233,388 and has scheduled increases of 2.00% Annually.

INVESTMENT HIGHL IGHTS
Long Term Lease
20-Year Absolute Triple Net (NNN) Sale-Leaseback
Attractive Rental Increases
2.00% Annual Rental Increases
Only Car Wash in the Immediate Area
Next Closest Car Wash Located More Than Seven Miles Away With No
New Car Wash Developments Allowed By Current Zoning Laws

Key Details

Price:: $3,111,840
Cap Rate:: 7.50%
Annual Rent:: $233,388
Address:: 6565 Main Rd, Mattituck, New York 11952
Lease Type:: Triple Net Lease (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: Close of Escrow
Lease Expiration:: 20 Years from Close of Escrow
Lease Term Remaining:: 20 Years
Rental Increases:: 2% Annually
Lot Size:: .89 Acres
Building Size:: 2,665 SF
Year Built:: 1968
Year Renovated:: 2015
Tenant:: Mattituck Car Wash

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Alexandre Marietto

amarietto@nnnpro.com

License: 10401294047

Francis Purritano

fpurritano@nnnpro.com

License: 10401333619

Gordon Pollock

gpollock@nnnpro.com

License: 10401370688

Similar Properties

available

available

available

available