8401 SW 40th St - Car Washes FOR SALE


Miami, FL 33155- Westchester
$6,336,036 USD
332-345-4222
8401 SW 40th St, Miami, FL for Sale
$6,336,036 USD
Car Washes - FOR SALE
1/3
null | 4.5% Cap Rate

8401 SW 40th St
Miami, FL 33155
Westchester


HIGHLIGHTS

  • Income Tax–Free State
  • Bonus Depreciation Opportunity
  • High Visibility With Strong Daily Traffic Counts
  • Corporate Guarantee by Mammoth Car Wash

OVERVIEW

SURMOUNT™ is pleased to present the exclusive listing for a Mammoth Car Wash located at 8401 SW 40th ST, Miami, FL 33155. The site consists of roughly 2,130 rentable square feet of building space on an estimated 0.41-acre parcel of land. This Mammoth Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/29/2021. The current annual rent is $285,122 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$6,336,036 USD

PRICE/SF

$3,103 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mammoth Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,664 SF

ZONING

BU-2

APN/PARCEL ID

30-4015-000-0101

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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