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11380 Bloomingdale Ave - Whistle Express 7,881 SF Specialty Building Offered at $6,221,584 at a 6.25% Cap Rate in Riverview, FL 33578
Investment Highlights
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Located in Tax Free State
- Bonus Depreciation Opportunity
- Long Term Lease With 2% Annual Increases
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 11380 Bloomingdale Avenue, Riverview, FL 33578. The site consists of roughly 8,466 rentable square feet of building space on an estimated 1.09-acre parcel of land. Whistle Express is subject to a 20-year Triple Net (NNN) lease, which commenced 8/14/2023. The current annual rent is $388,849 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $6,221,584 | Building Class | B |
| Price Per SF | $734.89 | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 8,466 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Car Wash | ||
| Zoning | PD | ||
| Price | $6,221,584 |
| Price Per SF | $734.89 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.09 AC |
| Building Size | 8,466 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Zoning | PD |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | U-04-30-20-B56-000000-00001.0 | Improvements Assessment | $1,458,850 |
| Land Assessment | $881,750 | Total Assessment | $2,340,600 |
Property Taxes
Parcel Number
U-04-30-20-B56-000000-00001.0
Land Assessment
$881,750
Improvements Assessment
$1,458,850
Total Assessment
$2,340,600
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11380 Bloomingdale Ave - Whistle Express
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