852 Lee Rd - Freestanding FOR SALE


Orlando, FL 32810
$4,871,000 USD
954-703-3602
852 Lee Rd, Orlando, FL for Sale
$4,871,000 USD
Freestanding - FOR SALE
1/10
null | 5.5% Cap Rate

852 Lee Rd
Orlando, FL 32810


HIGHLIGHTS

  • 12+ Years Remaining | Annual Rental Increases | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Lee Rd Shopping Center | Strong National/Credit Tenant Presence
  • Near Signalized, Hard Corner Intersection | Interstate 4 | Excellent Visibility
  • Strong Demographics in 5-mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant currently has 12+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features 1.50% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation • Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (NASDAQ: MCW) operates approximately 525 locations and has North America’s largest car wash subscription program

FOR SALE DETAILS

PRICE

$4,871,000 USD

PRICE/SF

$904 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mister Car Wash - Orlando FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

General Commercial

APN/PARCEL ID

02-2229-0000-00-065

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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