
42321 US-27 Hwy - El Car Wash
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42321 US-27 Hwy - El Car Wash
1,500 SF Specialty Building Offered at $6,800,000 at a 6.25% Cap Rate in Davenport, FL 33837


INVESTMENT HIGHLIGHTS
- Long-Term Absolute Triple-Net Lease
- Corporate Guarantee
- Attractive Rent Increases
EXECUTIVE SUMMARY
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
PROPERTY FACTS
Price | $6,800,000 | Building Class | B |
Price Per SF | $4,533.33 | Lot Size | 0.75 AC |
Sale Type | Investment | Building Size | 1,500 SF |
Cap Rate | 6.25% | No. Stories | 1 |
Property Type | Specialty | Year Built | 2024 |
Property Subtype | Car Wash | Parking Ratio | 10/1,000 SF |
Price | $6,800,000 |
Price Per SF | $4,533.33 |
Sale Type | Investment |
Cap Rate | 6.25% |
Property Type | Specialty |
Property Subtype | Car Wash |
Building Class | B |
Lot Size | 0.75 AC |
Building Size | 1,500 SF |
No. Stories | 1 |
Year Built | 2024 |
Parking Ratio | 10/1,000 SF |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $2,661,135 | Total Assessment | $2,661,135 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,661,135
Improvements Assessment
$0
Total Assessment
$2,661,135
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42321 US-27 Hwy - El Car Wash
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