42321 US-27 Hwy - El Car Wash
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42321 US-27 Hwy - El Car Wash
1,500 SF Speciality Building Offered at £5,320,660 at a 6.25% Net Initial Yield in Davenport, FL 33837
Investment Highlights
- 20-Year Triple Net (NNN) Lease
- Attractive Rental Increases | The lease will feature 2% rental increases annually and six (6), five (5) year renewal options.
- Corporate Guarantee | The lease will be subject to a corporate guarantee by El Car Wash (40+ sites).
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
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 | £5,320,660 | Building Class | B |
Price Per SF | £3,547 | Lot Size | 0.75 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 | Parking Ratio | 10/1,000 SF |
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 | 0.75 AC |
Building Size | 1,500 SF |
Number of Floors | 1 |
Year Built | 2024 |
Parking Ratio | 10/1,000 SF |
PROPERTY TAXES
Parcel Number | 27-26-20-705500-030170 | Improvements Assessment | £0 |
Land Assessment | £1,814,977 | Total Assessment | £1,814,977 |
PROPERTY TAXES
Parcel Number
27-26-20-705500-030170
Land Assessment
£1,814,977
Improvements Assessment
£0
Total Assessment
£1,814,977
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42321 US-27 Hwy - El Car Wash
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