10 W New Haven Ave - Service Station FOR SALE


Melbourne, FL 32901- Downtown Melbourne
$4,970,262 USD
914-403-7574
10 W New Haven Ave, Melbourne, FL for Sale
$4,970,262 USD
Service Station - FOR SALE
1/4
null | 6.5% Cap Rate

10 W New Haven Ave
Melbourne, FL 32901
Downtown Melbourne


HIGHLIGHTS

  • Bonus Depreciation Opportunity
  • Long-Term Lease with Built-In Rent Growth
  • Rapidly Growing Immediate Population
  • Strong Corporate Guarantee

OVERVIEW

Surmount is pleased to present the exclusive listing for a Dirty Dog's Car Wash located at 10 West New Haven Avenue, Melbourne, FL 32901. The site consists of roughly 2,048 rentable square feet of building space on an estimated .8-acre parcel of land. Dirty Dog's Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced on 12/15/2023. The rent beginning in January 1, 2027 is $323,067 and has scheduled increases of 2.50% Annually.

FOR SALE DETAILS

PRICE

$4,970,262 USD

PRICE/SF

$2,427 USD /SF

CAP RATE

6.5%

% 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

914-403-7574

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914-403-7574

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