Car Washes /FL /Okaloosa County /Niceville /4567 E Highway 20
Car Washes /FL /Okaloosa County /Niceville /4567 E Highway 20

4567 E Highway 20 - Car Washes FOR SALE


Niceville, FL 32578- Bluewater Bay | 
$5,280,000 USD
949-903-8099
4567 E Highway 20, Niceville, FL for Sale
$5,280,000 USD
Car Washes - FOR SALE
1/7
null | 5.75% Cap Rate
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4567 E Highway 20
Niceville, FL 32578
Bluewater Bay

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HIGHLIGHTS

  • Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Nearby National/Credit Tenants | Frontage Visibility | High Traffic Counts (45,100 VPD) | Bluewater Bay (77,000+ SF)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Whistle Express Car Wash Corporate guaranteed lease • Over 17 years remaining with 4 (5-year) option periods to extend • The lease features 2% annual rental increases beginning in 2029

FOR SALE DETAILS

PRICE

$5,280,000 USD

PRICE/SF

$982 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

MU-1

APN/PARCEL ID

23-1S-22-0000-0001-A24D

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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

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