1527 S Chiquita Blvd - Car Washes FOR SALE


Cape Coral, FL 33991
$8,000,000 USD
949-431-2735
1527 S Chiquita Blvd, Cape Coral, FL for Sale
$8,000,000 USD
Car Washes - FOR SALE
1/4
null | 7.56% Cap Rate

1527 S Chiquita Blvd
Cape Coral, FL 33991


HIGHLIGHTS

  • INCLUDES CAR WASHING EQUIPMENT FOR ADDITIONAL DEPRECIATION
  • Absolute NNN
  • 20-Year Lease

OVERVIEW

• Single-Tenant Tommy’s Express Car Wash: ° Private equity backed, rapidly growing franchisee ° Absolute NNN lease, zero landlord responsibilities ° 20-year initial lease term with four, 5-year options ° 10% increases every 5-years and option periods • About Tommy’s Express: ° 185 locations with numerous new sites set to open in 2024 ° #7 largest express car wash platform in the nation ° 50+ years in the Car Wash Business ° #1 car wash on Franchise 500’s List • Brand New 2024 Construction: Tommy’s Latest

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$1,526 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NOW OPEN: Tommy's Express

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

-

APN/PARCEL ID

22-44-23-C4-04433.0010

ASK ABOUT THIS PROPERTY

Austin BlodgettRealSource GroupMore Info
949-431-2735

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Austin BlodgettRealSource GroupMore Info
949-431-2735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.