5907 FM 2920 RD

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5907 FM 2920 RD

SPRING, TX 77388-3016
Asking Price
Contact for price
Asset Type
Car Wash Retail
Class
Class B

What's Special

Retail | 6.00% CAP | 4,954 SqFt <ul><li>​<span style="color: rgba(0, 30, 69, 1)">20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Brand New High Quality Construction wi

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times