NNN-Leased Car
3419 Elvis Presley Boulevard, Memphis, TN 38116
For Sale
Contact for pricing
The absolute NNN lease assigns no landlord responsibilities and includes scheduled rent increases.
Property SizeContact for details
Days on Market15
Property Features for 3419 Elvis Presley Boulevard
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Automotive
Automotive Uses
Car Wash Format
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Building Details
Tenancy
Listing Agency:
B+E
Listed By:
Camille Renshaw · License NY #10491209253
(646) 701-4536
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 4:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of B+E
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Investment Insights
Based on property information with market context.
The 3,700-square-foot car wash at 3419 Elvis Presley Blvd in Memphis is occupied by Whistle Express Car Wash. Its express exterior wash model is supported by membership programs and an operating platform with more than 470 locations nationwide.
The absolute NNN lease has 11.9 years remaining, with annual increases of 1.75% and four renewal options of five years each. The lease structure assigns no landlord responsibilities.
The absolute NNN lease has 11.9 years remaining, with annual increases of 1.75% and four renewal options of five years each. The lease structure assigns no landlord responsibilities.
Key Highlights
- 3,700‑square‑foot car wash occupied by Whistle Express Car Wash
- Absolute NNN lease with 11.9 years remaining
- Annual rent increases of 1.75%
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 31%
Hotels & Casinos 10%
Home Improvements & Furnishings 1%
Taco Bell
Dining
8,495 visits/mo
0.2 miles
Regions Bank
Shops & Services
7,392 visits/mo
0.1 miles
Exxon
Shops & Services
6,094 visits/mo
0.1 miles
BP
Shops & Services
4,995 visits/mo
0.1 miles
SUBWAY
Dining
4,993 visits/mo
0.1 miles
Demographics for 38116, TN
39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Memphis, TN
Frequently Asked Questions
What type of property is this?
Car wash - The absolute NNN lease assigns no landlord responsibilities and includes scheduled rent increases.
Where is this car wash located?
The property is located at 3419 Elvis Presley Boulevard Memphis, TN.
What is the asking price?
The asking price for this property is $3,774,498.
What are key features of this property?
This property features: 3,700‑square‑foot car wash occupied by Whistle Express Car Wash; Absolute NNN lease with 11.9 years remaining; Annual rent increases of 1.75%
