12101 Narcoossee Rd | Orlando, FL 32832
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12101 Narcoossee Rd
Orlando, FL 32832
Corp El Car Wash | 20-Yr NNN | 70% Pop Growth · Specialty Property For Sale
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3,340 SF
INVESTMENT HIGHLIGHTS
- Corporate guarantee from El Car Wash | The largest and fastest-growing car wash brand in FL with 43+ locations open and another 40+ in the pipeline
- Brand new, state-of-the-art construction with El Car Wash’s latest prototype and a 120-ft tunnel
- Rare, 2% annual rent increases throughout the initial term and options | Avg CAP of 7.59% over the base lease term, assuming purchase at List Price
- Incredible population growth | Pop has grown 70% since 2020 and projected to grow an astonishing 9%+ annually within a 1-mile radius over next 5 yrs
- New, 20-year initial lease term | ±$10.3MM+ in guaranteed income
- Surrounded by numerous developments (see OM for more details)
PROPERTY FACTS
| Property Type | Specialty | Building Size | 3,340 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2024 |
| Lot Size | 0.95 AC | Parking Ratio | 7.19/1,000 SF |
| Zoning | PD | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.95 AC |
| Building Size | 3,340 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 7.19/1,000 SF |
| Zoning | PD |
PROPERTY TAXES
| Parcel Number | 20-2431-5149-03-001 | Improvements Assessment | $1,390 |
| Land Assessment | $2,378,318 | Total Assessment | $2,379,708 |
PROPERTY TAXES
Parcel Number
20-2431-5149-03-001
Land Assessment
$2,378,318
Improvements Assessment
$1,390
Total Assessment
$2,379,708
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