Log In/Sign Up
Your email has been sent.
162 Eglin Pky
Fort Walton Beach, FL 32548
Caliber Car Wash · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term, Absolute Triple Net (NNN) Lease
- Corporate Guarantee | The lease will be subject to a strong corporate guarantee from Clydsdale Holdings LLC
- Bonus Depreciaton | The property qualifies for accelerated depreciation, including bonus depreciation
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 162 Eglin Parkway Northeast, Fort Walton Beach, FL 32548. The site consists of roughly 2,373 rentable square feet of building space on an estimated 0.51-acre parcel of land. This Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 3/1/2022. The current annual rent is $201,815 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,373 SF
Building Class
C
Year Built/Renovated
2014/2021
Price
$3,229,040
Price Per SF
$1,360.74
Cap Rate
6.25%
NOI
$201,815
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.51 AC
Zoning
2 - Commercial
Frontage
150’ on Eglin Pky
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 12-2S-24-0460-0017-004A | Improvements Assessment | $248,924 |
| Land Assessment | $402,319 | Total Assessment | $651,243 |
PROPERTY TAXES
Parcel Number
12-2S-24-0460-0017-004A
Land Assessment
$402,319
Improvements Assessment
$248,924
Total Assessment
$651,243
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
