4936 S Cleveland Ave - Car Washes FOR SALE


Fort Myers, FL 33907- Page Park
$7,346,820 USD
332-345-4220
4936 S Cleveland Ave, Fort Myers, FL for Sale
$7,346,820 USD
Car Washes - FOR SALE
1/3
null | 5.85% Cap Rate

4936 S Cleveland Ave
Fort Myers, FL 33907
Page Park


HIGHLIGHTS

  • Long Term NNN Lease
  • 2% Annual Increases
  • Outstanding Location in Fort Myers
  • 100% Bonus Depreciation

OVERVIEW

Surmount is pleased to present the exclusive listing for an El Car Wash located at 4936 South Cleveland Avenue, Fort Myers, FL 33907. The site consists of roughly 6,710 rentable square feet of building space on an estimated 1.51-acre parcel of land. El Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/15/2023. The current annual rent is $429,789 and has scheduled increases of 2.00% Annually

FOR SALE DETAILS

PRICE

$7,346,820 USD

PRICE/SF

$1,377 USD /SF

CAP RATE

5.85%

% 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

2019

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

C1

APN/PARCEL ID

02-45-24-P3-32000.0030

ASK ABOUT THIS PROPERTY

Richard NardiSurmountMore Info
332-345-4220

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

Richard NardiSurmountMore Info
332-345-4220

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