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10550 Biscayne Blvd - Mammoth Car Wash 8,555 SF Specialty Building Offered at $8,565,382 at a 4.50% Cap Rate in Miami, FL 33138
Investment Highlights
- Income Tax–Free State
- Corporate Guarantee by Mammoth Car Wash
- Bonus Depreciation Opportunity
- Proximity to Lifestyle Amenities
Executive Summary
SURMOUNT™ is pleased to present the exclusive listing for a Mammoth Car Wash located at 10550 Biscayne Blvd, Miami, FL 33138. The site consists of roughly 8,555 rentable square feet of building space on an estimated 1.18-acre parcel of land. This Mammoth Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/29/2021. The annual rent is $385,442 and has scheduled increases of 1.50% annually.
Property Facts
| Price | $8,565,382 | Building Class | C |
| Price Per SF | $1,001.21 | Lot Size | 1.18 AC |
| Sale Type | Investment | Building Size | 8,555 SF |
| Cap Rate | 4.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1962 |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 6 |
| Zoning | BU-1A | ||
| Price | $8,565,382 |
| Price Per SF | $1,001.21 |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 8,555 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | BU-1A |
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 30-2232-013-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,808,441 |
Property Taxes
Parcel Number
30-2232-013-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,808,441
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10550 Biscayne Blvd - Mammoth Car Wash
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