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1108 Commercial Way
Spring Hill, FL 34606
Retail Property For Sale
Investment Highlights
- Spring Hill, FL Family Car Wash & Multi-Tenant Retail Strip offers 22,217 square feet of well-configured retail space with excellent visibility and pr
- Retail vacancy in the Spring Hill submarket remains well below the national average, reflecting strong underlying demand for quality retail space.
- Located in fast-growing Hernando County, the asset benefits from sustained population and household-income growth across the surrounding trade area.
- The immediate trade area benefits from strong daily traffic counts along the surrounding corridor, providing built-in visibility and foot traffic for
- Strong demographic tailwinds within the Tampa-St. Petersburg Clearwater, FL Metro Area metro reinforce the durability of inplace retail income and und
Executive Summary
On behalf of the ownership, we are pleased to exclusively offer for sale Spring Hill, FL Family Car Wash & Multi-Tenant Retail Strip, a unique opportunity to acquire both the real estate and the operating family car wash business located at 1108 Commercial Way, Spring Hill, Florida 34606. This offering presents investors and owner-operators with the opportunity to acquire an established commercial asset featuring multiple income streams in one of Hernando County's most active retail corridors.
The property consists of a 22,217-square-foot retail center and an established family car wash situated on approximately 2.60 acres. Built in 1988, the asset offers an established tenant mix, excellent visibility, prominent signage, convenient access, and traffic counts exceeding 40,000 vehicles per day, providing exceptional exposure and long-term investment potential.
Strategically positioned along Commercial Way, the property benefits from continued residential growth, strong consumer demographics, and a concentration of national retailers and service-oriented businesses. To protect the confidentiality of the operating car wash business, detailed financial statements and operating information will be made available only to qualified purchasers upon execution of a Confidentiality Agreement (NDA). We encourage interested parties to contact the listing team for additional information regarding this exclusive acquisition opportunity.
The property consists of a 22,217-square-foot retail center and an established family car wash situated on approximately 2.60 acres. Built in 1988, the asset offers an established tenant mix, excellent visibility, prominent signage, convenient access, and traffic counts exceeding 40,000 vehicles per day, providing exceptional exposure and long-term investment potential.
Strategically positioned along Commercial Way, the property benefits from continued residential growth, strong consumer demographics, and a concentration of national retailers and service-oriented businesses. To protect the confidentiality of the operating car wash business, detailed financial statements and operating information will be made available only to qualified purchasers upon execution of a Confidentiality Agreement (NDA). We encourage interested parties to contact the listing team for additional information regarding this exclusive acquisition opportunity.
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
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
2.60 AC
Zoning
C2 - The purpose of this district is to permit the development of commercial areas at appropriate locations on major highways and is intended to meet the n
Parking
30 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | R32-423-17-0000-0010-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,264,141 |
Property Taxes
Parcel Number
R32-423-17-0000-0010-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,264,141
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