Single-Tenant Car
40 NICHOLS ST, Spencerport, NY 14559
For Sale
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The property carries a corporately guaranteed absolute NNN lease with no landlord responsibilities.
Property SizeContact for details
Days on Market54
Property Features for 40 NICHOLS ST
General Information
Standard status
Property subtype
Building Details
Tenancy
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License NY #15266
(949) 942-6585
Source:
Crexi
Added: Sep 22
Changed: Nov 12
Last Checked: Nov 12 at 8:23AM
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 ParaSell Inc
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Investment Insights
Based on property information with market context.
This car wash in Spencerport is leased to Splash Car Wash under a corporate guarantee. The absolute NNN structure assigns no landlord responsibilities. Its initial lease term is 20 years, with four 5-year renewal options. Annual rent increases of 1.50% apply throughout the initial term and option periods.
The property is located at 40 Nichols St in Spencerport, New York. Splash Car Wash operates more than 80 locations across Connecticut, Massachusetts, New York, and Vermont. The company reports more than 40 years in business and employs over 1,000 people.
The property is located at 40 Nichols St in Spencerport, New York. Splash Car Wash operates more than 80 locations across Connecticut, Massachusetts, New York, and Vermont. The company reports more than 40 years in business and employs over 1,000 people.
Key Highlights
- Corporately guaranteed absolute NNN lease with no landlord responsibilities
- 20‑year initial lease term with four 5‑year options
- 1.50% annual increases during the initial term and options
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
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Business Placement
Demographics for 14559, NY
17,964
Population
7,412
Households
2.4
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
43.7 sq mi
ZIP Area
411
Density / Sq Mi
$91,021
Median Household Income
$50,216
Median Earnings
$1,150
Median Rent
$218,900
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Car wash - The property carries a corporately guaranteed absolute NNN lease with no landlord responsibilities.
Where is this car wash located?
The property is located at 40 NICHOLS ST Spencerport, NY.
What is the asking price?
The asking price for this property is $3,273,575.
What are key features of this property?
This property features: Corporately guaranteed absolute NNN lease with no landlord responsibilities; 20‑year initial lease term with four 5‑year options; 1.50% annual increases during the initial term and options
