Log In/Sign Up
Your email has been sent.
12125 Cortez Blvd - 13% CAP RATE CAR WASH TURN KEY ABSENTEE OWNED 4,246 SF Specialty Building Offered at $1,650,000 at a 13.33% Cap Rate in Brooksville, FL 34613
Investment Highlights
- $220,000 Annual Net Operating Income (NOI)
- Fully Renovated in 2025 including New Roof Installed, Meticulously Maintained Facility and Attractive Presentation Move-In Ready
- Historical operating performance averaging approximately $40,000/month in membership and retail wash revenue
- Absentee Ownership Opportunity – Well-positioned for both passive investors and owner/operators.
- Over 55,000 Vehicles Per Day providing exceptional visibility
Executive Summary
Located on highly trafficked Cortez Boulevard (US-50). 55,000 Cars a day This is a turnkey income-producing asset.
The property features a well-established Tunnel car wash and detailing operation with strong brand recognition, a loyal customer base, and substantial recurring membership income of $13,000 per month, while regular walk-in wash traffic produces an additional estimated $27,000 in monthly revenue. Historical operating performance reflects approximately $40,000 in average monthly membership and retail wash revenue
The property includes eight fully operational food truck spaces occupied by long-term, established vendors that have successfully operated on-site for years. These tenants collectively pay $6,117 per month in recurring rental income while paying their own electricity expenses.
$220,000 in annual net operating income and in-place cap rate exceeding 13%.
The property features a well-established Tunnel car wash and detailing operation with strong brand recognition, a loyal customer base, and substantial recurring membership income of $13,000 per month, while regular walk-in wash traffic produces an additional estimated $27,000 in monthly revenue. Historical operating performance reflects approximately $40,000 in average monthly membership and retail wash revenue
The property includes eight fully operational food truck spaces occupied by long-term, established vendors that have successfully operated on-site for years. These tenants collectively pay $6,117 per month in recurring rental income while paying their own electricity expenses.
$220,000 in annual net operating income and in-place cap rate exceeding 13%.
Property Facts
Amenities
- Signage
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R29-222-18-2554-0000-0030 | Improvements Assessment | $213,560 |
| Land Assessment | $277,129 | Total Assessment | $490,689 |
Property Taxes
Parcel Number
R29-222-18-2554-0000-0030
Land Assessment
$277,129
Improvements Assessment
$213,560
Total Assessment
$490,689
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
12125 Cortez Blvd - 13% CAP RATE CAR WASH TURN KEY ABSENTEE OWNED
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.