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2790 North Rd
Orangeburg, SC 29118

Price Upon Request

Carwash For Sale  •  3,700 SF

Property Details

  • Property Type Carwash
  • Total Building Size 3,700 SF
  • Lot Size 2.15 AC
  • Building Class B
  • Year Built 2023
0 Transit Score
47 Walk Score

Highlights

Long-term, passive investment - Tenant is operating under a 20-year, absolute NNN lease | 18+ years remaining on the base term
Corporately Guaranteed Lease - Tidal Wave Auto Spa is the 4th largest conveyor car wash company with 280+ locations across 28 states
Rent Increases - 2% annual rent increases throughout the initial term and options | Yields an 8.01% average return over the remaining lease term
60% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord

Public Transportation

AirportDriveWalkDistance
Columbia Metro 57 min - 43.3 mi