3020 S Pine Ave - Car Washes FOR SALE


Ocala, FL 34471- Southeast Ocala
$5,164,514 USD
512-573-0101
3020 S Pine Ave, Ocala, FL for Sale
$5,164,514 USD
Car Washes - FOR SALE
1/3
null | 7% Cap Rate

3020 S Pine Ave
Ocala, FL 34471
Southeast Ocala


HIGHLIGHTS

  • 17+ Years Remaining | Corporate Guaranteed Lease | Annual Rental Increases | Options to Extend
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Special Tax Advantages | Bonus Depreciation
  • Signalized Intersection | High Traffic Counts | Excellent Visibility & Access
  • Great Demographics | Fast-Growing City

OVERVIEW

Stonecliff is pleased to present the fee-simple interest in a brand-new, single-tenant 7-Eleven located at the hard-corner intersection of Fairmont Parkway and Bay Area Boulevard in [City, State]. This newly executed 15-year corporate lease includes five (5-year) renewal options with scheduled 7.50% rental increases, ensuring long-term income growth and a hedge against inflation. The absolute NNN lease structure grants investors zero landlord responsibilities, making it an ideal passive investment opportunity. Strategically positioned just off Highway 146, a major thoroughfare connecting Houston to Galveston with over 88,100 vehicles per day, the property benefits from exceptional visibility and access. Additionally, it is located near the Port of Houston, the busiest U.S. port by foreign tonnage, with over 56,000 employees fueling demand in the area. The surrounding 5-mile trade area boasts strong demographics, with over 70,904 residents and an average household income exceeding $118,000. The site is also adjacent to a dense retail corridor, featuring nationally recognized tenants such as Kroger, Goodwill, and KFC. This investment offers a rare opportunity to acquire a high-performing asset in a growing, high-traffic market with strong economic drivers.

FOR SALE DETAILS

PRICE

$5,164,514 USD

PRICE/SF

$1,515 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mr. Clean Car Wash | Corp Abs NNN w/ 18+ Yrs

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

B-4

APN/PARCEL ID

30367-002-02

ASK ABOUT THIS PROPERTY

Teddy LeonardStonecliff Real EstateMore Info
512-573-0101

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Teddy LeonardStonecliff Real EstateMore Info
512-573-0101

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