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693 S Willow Ave
Cookeville, TN 38501

$3,986,415 USD

Carwash For Sale  •  5,038 SF

Property Details

  • Property Type Carwash
  • Total Building Size 4,038 SF
  • Lot Size 0.76 AC
  • Building Class C
  • Year Built 2012
  • Cap Rate 7.00 %
  • Zoning CG
0 Transit Score
60 Walk Score

Highlights

Triple Net Lease with 13+ years remaining and 1.5% annual increases.
Potential for 60% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017 (Consult your CPA)
Situated on Willow Ave N, a major thoroughfare connecting Interstate 40 and downtown Cookeville
High traffic visibility with an average of 21,030 vehicles per day
Average household income: $72,976
Zips Car Wash is a leading operator with over 280 locations across 25 states

Property Flyers

Cap Rate: 7.00 %
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.