This Specialty Property is no longer advertised on LoopNet.com.

520 W Granada Blvd
Ormond Beach, FL 32174
 Camel Premium Express Car Wash · Specialty Property For Sale · 4,120 SF

Car Washes Florida Ormond Beach 520 W Granada Blvd, Ormond Beach, FL 32174

INVESTMENT HIGHLIGHTS

  • Extremely High-Volume Corporate Camel Express Car Wash (Magnolia Wash Holdings) in Coastal Florida Location
  • Absolute NNN lease with no landlord responsibilities; 20-year initial lease term with 1.50% annual increases
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success
  • Corporate guaranteed lease (98 locations with 120 by the end of 2023)
  • Strong balance sheet & backed by Oaktree Capital who acquired a majority ownership position in July 2023 ($172 billion in assets under management)
  • Part of Deltona-Daytona Beach-Ormond Beach MSA: One of the top 10 largest MSA’s in state of FL which hosted more than 10.6 million visitors in 2022

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.45 AC
Building Size 4,120 SF
No. Stories 1
Year Built 2020
Parking Ratio 8.98/1,000 SF
Zoning PBD - Planned Business Development

PROPERTY TAXES

Parcel Number 4241-48-00-0010 Improvements Assessment $607,816
Land Assessment $1,134,252 Total Assessment $1,742,068
 

  • Listing ID: 29395347

  • Date on Market: 8/29/2023

  • Last Updated:

  • Address: 520 W Granada Blvd, Ormond Beach, FL 32174

More public record information on 520 W Granada Blvd, Ormond Beach, FL 32174

The Outer Ormand Beach Specialty Property at 520 W Granada Blvd, Ormond Beach, FL 32174 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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