Sold Subscription Required
| Price $4,671,000 | Built/Renov 2006 | Tenant Take 5 Car Wash |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,376
| Lease Start
01-01-2023
| #Units
390
|
| Price/SF $868.86 | Expiration
12-28-2042
| Tenant Type Automotive |
| NOI $303,622 | R. Term 18.1 | Ownership Fee Simple |
| Rent/SF
$56.48
| Increases 2.0%/5/yrs | Pop 5Mi 37,205 |
| Lot/AC 1.02 | Options 4/5yrs/2% | AHHI 5Mi $129,179 |
| | |
Take 5 Car Wash is strategically located along State Highway 20 with clear visibility and access to an average of 42,000 vehicles passing daily. The property further benefits from direct access onto SH-293 (23,500 VPD). The site neighbors Bluewater Bay, a 66K+ SF neighborhood center anchored by Winn-Dixie, and is surrounded by many national tenants including Walgreens, CVS Pharmacy, Dollar...
...Build to suit
Dense retail corridor
Highway location
Major MSA
Income tax free state
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Traded and rated company
Corporate Guarantee
Take 5 Car Wash is the largest domestic operator of car wash sites. The chain offers exterior car wash services that utilize an automated conveyor belt to pull vehicles along a track where they...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 7,120 | 20,743 | 38,355 |
| 2023 Total Population : | 7,000 | 20,126 | 37,205 |
| 2023 Employed Civilian Pop : | 3,185 | 9,956 | 18,616 |
| 2023 Total Businesses : | 282 | 475 | 1,070 |
| 2023 Average Household Income : | $ 131,236 | $ 138,666 | $ 129,179 |
| 2023 Total Consumer Spending : | $ 298 M | $ 902 M | $ 1591 M |
| 2023 Median Age : | 48 | 48 | 47 |
| 2023 Total Households : | 2,701 | 7,737 | 14,522 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,600 | 4,087 | 7,067 |
| 2023 Average Home Value : | $ 434,895 | $ 469,270 | $ 451,207 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| John Sims Parkway | Ansley Dr | 2022 | 31,500 | 0.21 mi |
| John Sims Parkway | Peter Kuth Dr | 2021 | 31,500 | 0.21 mi |
| John Sims Pky | Jerry Zivan Dr | 2005 | 32,000 | 0.33 mi |
| John Sims Parkway | John Sims Pkwy | 2022 | 25,000 | 0.61 mi |
| Range Rd | 2022 | 500 | 0.77 mi | |
| State Hwy 293 | 2022 | 550 | 0.84 mi | |
| Pine St | 2022 | 400 | 0.87 mi | |
| Mid-Bay Brg Con | 2022 | 350 | 0.89 mi | |
| White Point Road | Samana Way | 2022 | 5,100 | 0.90 mi |
| White Point Road | Brookhaven Way | 2021 | 5,200 | 0.90 mi |
Bethlehem, PA
Cap Rate 6.25%
Lease Double NN
R. Term 15.50 yrs
Size/SF 14,860
High Point, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,163
Salisbury, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,383
Fort Pierce, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 3,770
Fort Worth, TX
Cap Rate 6.75%
Lease Abs NNN
R. Term 16.20 yrs
Size/SF 4,722
Vero Beach, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 3,286
Oregon, OH
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,760
Springfield, OH
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 3,345
Covington, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.80 yrs
Size/SF 4,777
Pittsburgh, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.60 yrs
Size/SF 3,510
Findlay, OH
Cap Rate 6.90%
Lease Abs NNN
R. Term 15.30 yrs
Size/SF 3,677
Vail, AZ
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.90 yrs
Size/SF 4,560
Green Cove Springs, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 3,520
Livonia, MI
Cap Rate 6.75%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,750
Arvada, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.30 yrs
Size/SF 6,357
Woodhaven, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,750
Tulsa, OK
Cap Rate 6.90%
Lease Abs NNN
R. Term 16.20 yrs
Size/SF 4,296
Sherwood, AR
Cap Rate 7.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 5,968
Crowley, TX
Cap Rate 6.75%
Lease Abs NNN
R. Term 16.20 yrs
Size/SF 4,241
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
