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20311 Highland Rd
Baton Rouge, LA 70817 Shenandoah

Price Upon Request

Carwash For Sale  •  3,434 SF

Property Details

  • Property Type Carwash
  • Total Building Size 3,434 SF
  • Lot Size 0.86 AC
  • Building Class B
  • Year Built 2012
0 Transit Score
50 Walk Score

Highlights

LONG TERM LEASE - The subject property has over 18 years remaining on the initial term of a Corporate Absolute NNN Lease.
BONUS DEPRECIATION - Fee simple ownership of a Car Wash provides the landlord the opportunity to use accelerated Bonus depreciation model.
EXCELLENT VISIBILITY - The immediate area sees over 16,600 Vehicles Per Day on Highland Rd and close to 37,100 Vehicles Per Day on U.S Highway 61.
GREAT LOCATION - Well-located asset within the growing Baton Rouge MSA. Positioned directly next to Dollar General and near more than 90 retailers.
RENTAL INCREASES - 1.25% Annual Rental increases throughout the base term gives the investor the ability to hedge against inflation.
STRONG CORPORATE GUARANTOR - 100+ Locations by the end of 2022 backed by over 50 years of combined car wash experience between managing partners and P

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Baton Rouge Metro Ryan Field 25 min - 15.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 37
Type: Surface
Included in Rent: Yes