Mister Car Wash
Hudson, FL
Key Details
| Price: | $2,678,166 |
|---|---|
| Cap Rate: | 7.25% |
| Annual Rent: | $194,167 |
| Address: | 12611 U.S. 19, Hudson, Florida 34667 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Commencement: | 11/1/2016 |
| Lease Expiration: | 10/31/2036 |
| Lease Term Remaining: | 11.8 Years |
| Rental Increases: | Lesser of Change in CPI or 1.50% Annually |
| Lot Size: | 0.94 Acres |
| Building Size: | 4,064 SF |
| Year Built: | 2007 |
NNN Pro is pleased to present the exclusive listing for a Mister Car Wash located at 12611 U.S. 19, Hudson, Florida 34667. The site consists of roughly 4064 rentable square feet of building space on an estimated 0.94-acre parcel of land. This Mister Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 11/1/2016. The current annual rent is $194,167 and has scheduled increases of Lesser of Change in CPI or 1.50% Annually.
About the Investment
- Long-Term Triple Net (NNN) Lease Over 12 years of term remaining on the initial 20-year lease with zero landlord responsibilities
- Bonus Depreciation This property qualifies for 15-year accelerated depreciation as well as bonus depreciation. Discuss with a Certified Public Accountant for further details.
- Dense Retail Corridor Positioned within a dense retail corridor with many major national retailers including Walmart Super Center, McDonald's, Wendy's, Big Lots, Planet Fitness, Autozone, and O'Reilly Autoparts and many more
Key Details
| Price: | $2,678,166 |
|---|---|
| Cap Rate: | 7.25% |
| Annual Rent: | $194,167 |
| Address: | 12611 U.S. 19, Hudson, Florida 34667 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Commencement: | 11/1/2016 |
| Lease Expiration: | 10/31/2036 |
| Lease Term Remaining: | 11.8 Years |
| Rental Increases: | Lesser of Change in CPI or 1.50% Annually |
| Lot Size: | 0.94 Acres |
| Building Size: | 4,064 SF |
| Year Built: | 2007 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Alexandre Marietto
amarietto@nnnpro.com
License: NY: 10401294047
Kyle Karsian
kkarsian@nnnpro.com
License: NY: 10401321452
Walker Stevens
wstevens@nnnpro.com
License: NY: 10401381479
Jack McHugh
jmchugh@nnnpro.com
License: NY: 10401389686
Broker of Record
Brian Brockman
Bang Realty-Naples, Inc
License: BK3327646
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.