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| Price $6,153,846 | Built/Renov 2020 | Tenant ModWash |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,600
| Lease Start
05-01-2024
| #Units
87
|
| Price/SF $1,098.90 | Expiration
04-30-2044
| Tenant Type Automotive |
| NOI $400,000 | R. Term 19.5 | Ownership Fee Simple |
| Rent/SF
$71.43
| Increases 1.5%/1/yrs | Pop 5Mi 145,329 |
| Lot/AC 3.40 | Options 6/5yrs/1.5% | AHHI 5Mi $62,659 |
| | |
ModWash is strategically located on W Vine Street, with access to 57,642 vehicles passing by daily. The property holds a prime location in close proximity to Walt Disney World Resort, with high visibility off Irlo Bronson Memorial Highway. The surrounding national tenants include Walmart Supercenter, Chick-fil-A, Aldi, Wawa, Steak ‘n Shake, Marco’s Pizza, and more. The 5-mile trade area is...
...Build to suit
High traffic 50M+ VPD
Near major nationals
Dense 100M+ pop 5 mi
Top 100 MSA
Income tax free state
Brand new lease
Long 20+ yr lease
Annual rent increases
Corporate Guarantee
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 11,178 | 83,916 | 170,674 |
| 2023 Total Population : | 10,518 | 75,595 | 152,945 |
| 2023 Employed Civilian Pop : | 4,807 | 35,602 | 75,846 |
| 2023 Total Businesses : | 351 | 3,000 | 7,752 |
| 2023 Average Household Income : | $ 75,487 | $ 67,378 | $ 75,289 |
| 2023 Total Consumer Spending : | $ 220 M | $ 1536 M | $ 3507 M |
| 2023 Median Age : | 34 | 35 | 36 |
| 2023 Total Households : | 3,372 | 25,992 | 53,407 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,431 | 9,035 | 21,013 |
| 2023 Average Home Value : | $ 319,394 | $ 300,513 | $ 316,442 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Old Vineland Rd | W Vine St | 2012 | 1,600 | 0.07 mi |
| W Vine St | Old Vineland Rd | 2012 | 59,100 | 0.14 mi |
| N Bass Rd | Paradise Cove Ct | 2012 | 5,200 | 0.19 mi |
| Yates Rd | W Vine St | 2013 | 1,015 | 0.22 mi |
| West Irlo Bronson Memorial Highway | Oren Brown Rd | 2022 | 64,390 | 0.29 mi |
| W Vine St | Yates Rd | 2012 | 59,100 | 0.31 mi |
| North Bass Road | Great Harbor Ln | 2022 | 6,600 | 0.46 mi |
| W Vine St | W Irlo Bronson Memorial Hwy | 2012 | 59,100 | 0.46 mi |
| Old Vineland Road | Babb Rd | 2022 | 2,100 | 0.59 mi |
| W Vine St | Ten Pin | 2012 | 50,509 | 0.62 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
