812 FL-19 - Car Washes FOR SALE


Palatka, FL 32177
$4,000,000 USD
914-403-7574
812 FL-19, Palatka, FL for Sale
$4,000,000 USD
Car Washes - FOR SALE
1/3
null | 6.25% Cap Rate

812 FL-19
Palatka, FL 32177


HIGHLIGHTS

  • Strong Corporate Guaranty
  • Bonus Depreciation Opportunity
  • Attractive Retail Corridor Anchored by National Tenants
  • Proximity to Key Community Drivers

OVERVIEW

Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 812 S State Rd. 19, Palatka, FL 32177. The site consists of roughly 3,752 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Caliber Car Wash is subject to a 22-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $250,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,066 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

-

APN/PARCEL ID

11-10-26-0000-0574-0030

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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