3720 Fiske Blvd - El Car Wash
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3720 Fiske Blvd - El Car Wash
1,500 SF Speciality Building Offered at £5,320,660 at a 6.25% Net Initial Yield in Rockledge, FL 32955
Investment Highlights
- Long-Term, 20-Year Triple-Net (NNN) Lease | Landlord holds minimal responsibilities.
- Six, Five-Year Options | Six options for renewal with a potential lease term of 50 years.
- Attractive Rental Increases | Rent increases 2% every year.
Executive Summary
NNN Pro is pleased to present the exclusive listing for an El Car
Wash located at 3720 S Fiske Blvd, Rockledge, FL 32955. 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.
Wash located at 3720 S Fiske Blvd, Rockledge, FL 32955. 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 | £5,320,660 | Building Class | B |
| Price Per SF | £3,547 | Lot Size | 5.82 AC |
| Sale Type | Investment | Building Size | 1,500 SF |
| Net Initial Yield | 6.25% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2024 |
| Property Subtype | Car Wash |
| Price | £5,320,660 |
| Price Per SF | £3,547 |
| Sale Type | Investment |
| Net Initial Yield | 6.25% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 5.82 AC |
| Building Size | 1,500 SF |
| Number of Floors | 1 |
| Year Built | 2024 |
PROPERTY TAXES
| Parcel Number | 25-36-20-00-00002.1-0000.00 | Improvements Assessment | £288,388 |
| Land Assessment | £247,106 | Total Assessment | £535,493 |
PROPERTY TAXES
Parcel Number
25-36-20-00-00002.1-0000.00
Land Assessment
£247,106
Improvements Assessment
£288,388
Total Assessment
£535,493
Contacts
-
Glen Kunofsky -
Ryan Sblendorio -
Robert Arruda -
Howie Curd -
Luke Babcock -
NNN Pro Group
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3720 Fiske Blvd - El Car Wash
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