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1108 Commercial Way 12,905 SF 100% Leased Retail Building Spring Hill, FL 34606 $6,995,000 ($542.04/SF) 8.08% Cap Rate



INVESTMENT HIGHLIGHTS
- 45000+ AADT
- Established business with existing tenants
- Large corner lot with North and South Bound access
EXECUTIVE SUMMARY
Exceptional Opportunity: Full-Service Premium Car Care with Additional Income-Producing Commercial Buildings. Rare opportunity to acquire a high-visibility, full-service premium car care and detail center situated on 2.6± MOL acres on a prime corner lot with 45,000+ AADT and dual north and south lane access from US-19 / Commercial Way. This irreplaceable location delivers outstanding exposure, easy ingress/egress, and consistent traffic flow. The established business offers a complete range of services including express washes, full-service detailing, window tinting, and ceramic coating, all supported by a fully staffed operation with management in place, allowing for a seamless transition for new ownership. The main building features an impressive 2,000+ SF customer lobby and a 110-foot wash tunnel, equipped with rebuilt equipment and an upgraded ICS system completed in 2016. The detail center includes 2 attached dedicated garage bays on the main building, as well as 4 additional garage bays on adjacent building. In addition, the 2nd story of the main building boasts 4,500 SF of climate-controlled space, ideal for expansion, additional services, or supplemental rental income. The opportunities are endless! Further enhancing the investment appeal, the property includes three additional buildings with existing tenants, creating multiple income streams and positioning this asset as a true business powerhouse. This one-of-a-kind property offers significant upside potential through service expansion, increased throughput, added tenants, or redevelopment. Ideal for owner-operators, investors, or portfolio expansion seeking a high-traffic, income-producing commercial asset in a rapidly growing corridor.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,905 SF
Building Class
B
Year Built
1988
Price
$6,995,000
Price Per SF
$542.04
Cap Rate
8.08%
NOI
$565,373
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
2.60 AC
Frontage
AMENITIES
- Corner Lot
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R32-423-17-0000-0010-0020 | Total Assessment | $1,264,141 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
R32-423-17-0000-0010-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,264,141
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Presented by
People's Trust Realty
1108 Commercial Way
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