10 W New Haven Ave - Service Station FOR SALE


Melbourne, FL 32901- Downtown Melbourne
$5,042,992 USD
332-345-4222
10 W New Haven Ave, Melbourne, FL for Sale
$5,042,992 USD
Service Station - FOR SALE
1/3
null | 6.25% Cap Rate

10 W New Haven Ave
Melbourne, FL 32901
Downtown Melbourne


HIGHLIGHTS

  • Bonus Depreciation Opportunity
  • Long-Term Triple Net Lease
  • Strong Corporate Guarantee
  • Excellent Underlying Real Estate

OVERVIEW

Surmount is pleased to present the exclusive listing for a Dirty Dog's Car Wash located at 10 W New Haven Ave, Melbourne, FL 32901. The site consists of roughly 2,048 rentable square feet of building space on an estimated 0.8-acre parcel of land. This Dirty Dog's Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/15/2023. The current annual rent is $315,187 and has scheduled increases of 2.50% annually.

FOR SALE DETAILS

PRICE

$5,042,992 USD

PRICE/SF

$2,462 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dirty Dog's Carwash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C

APN/PARCEL ID

28-37-04-04-00000.0-0066.00

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.