42321 US-27 Hwy - Car Washes FOR SALE


Davenport, FL 33837
$6,800,000 USD
332-345-4222
42321 US-27 Hwy, Davenport, FL for Sale
$6,800,000 USD
Car Washes - FOR SALE
1/2
null | 6.25% Cap Rate

42321 US-27 Hwy
Davenport, FL 33837


HIGHLIGHTS

  • Long-Term Absolute Triple-Net Lease
  • Attractive Rent Increases
  • Corporate Guarantee

OVERVIEW

NNN Pro is pleased to present the exclusive listing for an El Car Wash located at 42321 HWY 27, Davenport, FL 33837. The site consists of roughly 1,500 rentable square feet of building space on an estimated 0.75-acre parcel of land. This El Car Wash is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $425,000 and has scheduled increases of 2.00% Annually

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$4,533 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

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

27-26-20-705500-030170

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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