1270 W 49th St - Car Washes FOR SALE


Hialeah, FL 33012
$7,776,574 USD
332-345-4222
1270 W 49th St, Hialeah, FL for Sale
$7,776,574 USD
Car Washes - FOR SALE
1/4
null | 5.75% Cap Rate

1270 W 49th St
Hialeah, FL 33012


HIGHLIGHTS

  • Trophy Location in the Heart of Miami MSA
  • Surrounded by Top National Tenants and Residential Density
  • Extremely High Performing Location
  • Long-Term Triple Net Lease with Annual Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for an El Car Wash located at 1270 West 49th St, Hialeah, FL 33012. The site consists of roughly 2,113 rentable square feet of building space on an estimated 0.34-acre parcel of land. This El Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2023. The current annual rent is $447,153 and has scheduled increases of 2% annually starting 1/1/2029.

FOR SALE DETAILS

PRICE

$7,776,574 USD

PRICE/SF

$1,921 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C-3

APN/PARCEL ID

04-3002-003-0002

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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