150 McCoy Way - Mr. Clean CarWash 3,202 SF Specialty Building Offered at $7,578,118 at a 6.75% Cap Rate in Saint Augustine, FL 32095

Stonecliff is proud to present an exceptional investment opportunity: the fee-simple interest in a brand-new, single-tenant Mr. Clean Car Wash strategically located along Dixie Highway in the affluent and fast-growing St. Augustine market. Backed by a 19+ year corporate guaranteed lease with four 5-year extension options, this asset ensures long term income stability with 1.25% annual rental increases throughout the primary term and option periods. The lease is structured as an absolute triple-net (NNN), meaning the tenant is responsible for CAM, property taxes, insurance, and all maintenance, making this a true zero-landlord-responsibility investment—ideal for passive or out-of-state investors seeking stable, predictable returns.
This Mr. Clean Car Wash stands at a high-visibility, high-traffic location with direct frontage on Dixie Highway, featuring over 30,000 vehicles per day and prominent signage. The site sits in a dense retail corridor co-anchored by national tenants including Dutch Bros, Take 5 Oil Change, Circle K, Starbucks, Burger King, and Publix, benefiting from robust cross-traffic and consumer draw.
Located in St. Johns County—Florida’s fastest-growing county—this property is situated in an area with strong economic fundamentals and exceptional demographics. The average household income within a 3-mile radius exceeds $140,804, and the population is projected to grow to 450,000 by 2040. Proximity to the Northeast Florida Regional Airport, which sees over 300 daily flights, adds to the area’s logistical and economic advantages.
Investors will also benefit from valuable tax advantages, including eligibility for bonus depreciation. Under the 2025 tax code, investors may
qualify for a 100% bonus depreciation deduction on store equipment, significantly enhancing after-tax returns.