2980 N John Young Pky - Car Washes FOR SALE


Kissimmee, FL 34741
$6,666,000 USD
858-313-0575
2980 N John Young Pky, Kissimmee, FL for Sale
$6,666,000 USD
Car Washes - FOR SALE
1/5
null | 6.75% Cap Rate

2980 N John Young Pky
Kissimmee, FL 34741


HIGHLIGHTS

  • Single-Tenant Absolute NNN Corporate Tommy’s Express Car Wash
  • 20-Year Term With Zero Landlord Responsibilities; True Passive Investment
  • Attractive Year-One Yield, Compounded by 2% Annual Rent Increases as a Hedge Against Inflation
  • Potential for Exceptional Tax Advantages | 100% Bonus Depreciation
  • Qualifying Costs Can Be Fully Expensed in Year 1 (Consult CPA)
  • Creates Significant Early Cash Flow and Long-Term Return Benefits

OVERVIEW

Brand-New 20-Year Absolute NNN Corporate Lease | Zero Landlord Responsibilities | Potential for Significant Bonus Depreciation Opportunity | #1 Car Wash Brand on Franchise 500 | 2% Annual Rent Increases | Income Tax–Free State | Prime Retail Corridor

FOR SALE DETAILS

PRICE

$6,666,000 USD

PRICE/SF

$1,081 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tommy's Car Wash | Kissimmee, FL

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,906 SF

ZONING

OCG

APN/PARCEL ID

04-25-29-3172-0001-0020

ASK ABOUT THIS PROPERTY

Jacob FahnerHanley Investment GroupMore Info
858-313-0575

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Jacob FahnerHanley Investment GroupMore Info
858-313-0575

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