815 S Pine Ave
Ocala, FL 34471
Downtown Ocala
HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease | This Caliber Car Wash is subject to a long term 20-year NNN lease with about 18 years remaining
- Extremely Attractive Annual Rent Increases | The lease is subject to rare annual 1.75% rental increases enhancing long-term stability
- Strong Corporate Guaranty | Caliber Car Wash has a corporate guarantee from Clydesdale Holdings, LLC
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Caliber Car Wash located at 815 South Pine Avenue, Ocala, Florida 34471. The site consists of roughly 7948 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 3/31/2023. The current annual rent is $336,475 and has scheduled increases of 1.75% Annually.
FOR SALE DETAILS
PRICE
$4,806,785 USD
PRICE/SF
$605 USD /SF
CAP RATE
7%
% 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
B
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
-
APN/PARCEL ID
2852-007-001
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332-345-4222
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332-345-4222
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