10550 Biscayne Blvd - Car Washes FOR SALE


Miami, FL 33138- Biscayne Park
$8,565,382 USD
203-253-9455
10550 Biscayne Blvd, Miami, FL for Sale
$8,565,382 USD
Car Washes - FOR SALE
1/3
null | 4.5% Cap Rate

10550 Biscayne Blvd
Miami, FL 33138
Biscayne Park


HIGHLIGHTS

  • Income Tax–Free State
  • Bonus Depreciation Opportunity
  • Corporate Guarantee by Mammoth Car Wash
  • Proximity to Lifestyle Amenities

OVERVIEW

SURMOUNT™ is pleased to present the exclusive listing for a Mammoth Car Wash located at 10550 Biscayne Blvd, Miami, FL 33138. The site consists of roughly 8,555 rentable square feet of building space on an estimated 1.18-acre parcel of land. This Mammoth Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/29/2021. The annual rent is $385,442 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$8,565,382 USD

PRICE/SF

$1,001 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mammoth Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

BU-1A

APN/PARCEL ID

30-2232-013-0010

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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