8087 Lake Wilson Rd | Davenport, FL 33896
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- LoopNet Team
8087 Lake Wilson Rd
Davenport, FL 33896
ModWash · Speciality Property For Sale · 4,640 SF
Investment Highlights
- BRAND NEW CONSTRUCTION SALE LEASEBACK - Built in 2021, this property features a 20-year Absolute NNN lease that will commence at close of escrow.
- STICKY BUSINESS MODEL - Due to the high cost for construction, difficulty with permits, and cost for machinery, carwashes don’t tend to move around.
- POPULATION GROWTH - According to CoStar data, the population has grown 4.80% in a 2-mile radius over the last year.
- PROXIMITY TO MAJOR CITIES - This location is less than 30 miles outside of Orlando and less than 60 miles from Tampa, Florida.
- HIGHLY PROFITABLE BUSINESS - The EBIDTA margins on express tunnel sales are higher than most retailers, hovering in the 40 to 50% range.
- EXCELLENT EXPOSURE - The property sees over 17,000 vehicles per day on Lake Wilson Road.
PROPERTY FACTS
| Property Type | Speciality | Building Size | 4,640 SF |
| Property Subtype | Car Wash | Number of Floors | 1 |
| Building Class | B | Year Built | 2020 |
| Lot Size | 1.22 AC | Parking Ratio | 5.82/1,000 SF |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.22 AC |
| Building Size | 4,640 SF |
| Number of Floors | 1 |
| Year Built | 2020 |
| Parking Ratio | 5.82/1,000 SF |
PROPERTY TAXES
| Parcel Number | 27-26-02-701016-000040 | Improvements Assessment | £700,747 |
| Land Assessment | £476,651 | Total Assessment | £1,177,399 |
PROPERTY TAXES
Parcel Number
27-26-02-701016-000040
Land Assessment
£476,651
Improvements Assessment
£700,747
Total Assessment
£1,177,399
zoning
| Zoning Code | C-3 |
| C-3 |
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