12561 S McCall Rd - Car Washes FOR SALE


Port Charlotte, FL 33981
$5,670,000 USD
646-453-7786
12561 S McCall Rd, Port Charlotte, FL for Sale
$5,670,000 USD
Car Washes - FOR SALE
1/9
null | 5.85% Cap Rate

12561 S McCall Rd
Port Charlotte, FL 33981


HIGHLIGHTS

  • 2022 Construction | 19+ Years Remaining | Options To Extend |1.5% Annual Rental Increases
  • Corporate Guaranty (NYSE: MCW)
  • Absolute NNN | Zero Landlord Responsibilities
  • Strong Frontage & Excellent Visibility | Dense Retail Node
  • Surrounded By Established Residential Communities
  • Punta Gorda MSA | Growing Submarket

OVERVIEW

SRS Real Estate Partners is pleased to offer the fee simple interest in an absolute NNN leased Mister Car Wash property located in Port Charlotte, Florida. The tenant, WFCW Propco Mccal, LLC, has over 19 years remaining on the primary term, with four (4) additional five-year renewal options, ensuring secure long-term cash flow. The lease features 1.5% annual rent increases throughout the base term and options, providing steady NOI growth and an effective inflation hedge. The lease is backed by a corporate guaranty from Mister Car Wash (NYSE: MCW), the largest car wash brand in North America with over 500 locations and nearly $1 billion in annual revenue. Constructed in 2022 to the tenant’s latest prototype standards, the property offers a modern, efficient layout. The absolute NNN lease structure includes zero landlord responsibilities, making this a management-free opportunity ideal for passive investors.

FOR SALE DETAILS

PRICE

$5,670,000 USD

PRICE/SF

$1,580 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mister Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,140 SF

ZONING

CG

APN/PARCEL ID

41-21-05-482-001

ASK ABOUT THIS PROPERTY

Richard DorfmanSRS National Net LeaseMore Info
646-453-7786

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Richard DorfmanSRS National Net LeaseMore Info
646-453-7786

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