181 NW 180th Ave - Car Washes FOR SALE


Pembroke Pines, FL 33029
$6,800,000 USD
332-345-4222
181 NW 180th Ave, Pembroke Pines, FL for Sale
$6,800,000 USD
Car Washes - FOR SALE
1/2
null | 6.25% Cap Rate

181 NW 180th Ave
Pembroke Pines, FL 33029


HIGHLIGHTS

  • 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Respo
  • Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by El Car Washes 30+ Units
  • Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for an El Car Wash located at 181 NW 180th Ave in Pembroke Pines, FL. The site consists of roughly 3,752 rentable square feet of building space on estimated 1.00-acre parcel of land. This El Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $425,000 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$1,812 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Comm1

APN/PARCEL ID

51-40-07-02-4180

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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