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Dirty Dog's Carwash 10 W New Haven Ave 2,048 SF Retail Building Melbourne, FL 32901 $4,849,031 ($2,367.69/SF) 6.50% Cap Rate
Investment Highlights
- Bonus Depreciation Opportunity
- Strong Corporate Guarantee
- Long-Term Triple Net Lease
- Excellent Underlying Real Estate
Executive Summary
Surmount is pleased to present the exclusive listing for a Dirty Dog's Car Wash located at 10 W New Haven Ave, Melbourne, FL 32901. The site consists of roughly 2,048 rentable square feet of building space on an estimated 0.8-acre parcel of land. This Dirty Dog's Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/15/2023. The current annual rent is $315,187 and has scheduled increases of 2.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,048 SF
Building Class
C
Year Built
2022
Price
$4,849,031
Price Per SF
$2,367.69
Cap Rate
6.50%
NOI
$315,187
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
C - General Commercial
Frontage
106’ on New Haven Ave
Walk Score®
Very Walkable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-37-04-04-00000.0-0066.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,002,450 |
Property Taxes
Parcel Number
28-37-04-04-00000.0-0066.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,002,450
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Walker Stevens -
Christopher Marks -
Surmount
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Dirty Dog's Carwash | 10 W New Haven Ave
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