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| Price $4,347,826 | Built/Renov 2015/2022 | Tenant WhiteWater Express Car Wash |
| Cap Rate 6.90% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,677
| Lease Start
01-21-2021
| #Units
106
|
| Price/SF $1,208.71 | Expiration
01-31-2040
| Tenant Type Automotive |
| NOI $300,000 | R. Term 15.2 | Ownership Fee Simple |
| Rent/SF
$81.59
| Increases 1.3%/1/yrs | Pop 5Mi 49,716 |
| Lot/AC 0.86 | Options 4/5yrs/1.25% | AHHI 5Mi $69,063 |
| | |
WhiteWater Express Car Wash is strategically located on West Trenton Avenue, with access to 21,100 vehicles passing by daily. The property benefits from its prime location along US 224 and close proximity to I-75. The immediate area is surrounded by well-known national tenants including Wendy's, McDonald's, Cracker Barrel, Chipotle, Walmart, and more. The 5-mile trade area is supported by a...
...Recent renovation
Build to suit
Near major nationals
Strategically located
Freeway close
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Annual rent increases
Corporate Guarantee
WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 8,109 | 38,756 | 51,925 |
| 2024 Total Population : | 8,142 | 38,820 | 52,023 |
| 2024 Employed Civilian Pop : | 4,303 | 19,895 | 26,360 |
| 2024 Total Businesses : | 316 | 1,895 | 2,310 |
| 2024 Average Household Income : | $ 71,592 | $ 94,465 | $ 105,390 |
| 2024 Total Consumer Spending : | $ 204 M | $ 1397 M | $ 2068 M |
| 2024 Median Age : | 32 | 38 | 40 |
| 2024 Total Households : | 3,229 | 16,785 | 22,374 |
| 2024 Pop Age 25+: Bachelor's Degree : | 766 | 5,305 | 7,763 |
| 2024 Average Home Value : | $ 212,392 | $ 247,654 | $ 276,022 |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
