3204 Secor Rd Toledo, OH 43606

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 22 at 5:39PM Checked: Jul 22 at 5:39PM

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Investment Insights

Based on property information with market context.

This property is a Take 5 Car Wash offered on an absolute triple-net (NNN) basis, subject to a 20-year lease that commences at the close of escrow. The site includes a car wash building with approximately 3,374 rentable square feet and is situated on an estimated 0.67-acre parcel. Base-term rent is currently $210,000 annually and scheduled to increase by 1.50% each year throughout the base term and in each of the four, five-year renewal options.

The property is located at 3204 Secor Rd in Toledo, Ohio.

As an absolute NNN lease, the tenant’s obligations are structured so the lease is designed to pass through expenses associated with the property.

Key Highlights

• Take 5 Car Wash at 3204 Secor Rd, Toledo, OH with 3,374 rentable SF on an estimated 0.67‑acre parcel
• Subject to a 20‑year absolute triple‑net (NNN) lease starting at the close of escrow
• Current annual rent of $210,000 with 1.50% annual rent increases throughout the base term

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FAQs

What type of property is this?

Car wash - Take 5 Car Wash is offered as an absolute triple-net leased site with a 20-year term.

Where is this car wash located?

The property is located at 3204 Secor Rd Toledo, OH.

What are key features of this property?

This property features: Take 5 Car Wash at 3204 Secor Rd, Toledo, OH with 3,374 rentable SF on an estimated 0.67‑acre parcel; Subject to a 20‑year absolute triple‑net (NNN) lease starting at the close of escrow; Current annual rent of $210,000 with 1.50% annual rent increases throughout the base term