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2290 Fruitville Rd - Mammoth Car Wash 3,800 SF Specialty Building Offered at $5,555,556 at a 6.75% Cap Rate in Sarasota, FL 34237
Investment Highlights
- Strong Corporate Guarantee
- Signalized Corner Intersection
- 100% Bonus Depreciation
- Strong Demographics
Executive Summary
Surmount is pleased to present the exclusive listing for a Mammoth Car Wash located at 2290 Fruitville Road, Sarasota, FL 342 37. The site consists of roughly 3,800 rentable square feet of building space on an estimated .79-acre parcel of land. Mammoth Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $375,000 and has scheduled increases of 1.50% Annually.
Property Facts
| Price | $5,555,556 | Building Class | C |
| Price Per SF | $1,461.99 | Lot Size | 0.79 AC |
| Sale Type | Investment | Building Size | 3,800 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2023/2024 |
| Property Subtype | Car Wash | ||
| Zoning | CI - Commercial, Intensive | ||
| Price | $5,555,556 |
| Price Per SF | $1,461.99 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 3,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2023/2024 |
| Zoning | CI - Commercial, Intensive |
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 2029-03-0010 | Improvements Assessment | $1,795,900 |
| Land Assessment | $2,299,600 | Total Assessment | $4,095,500 |
Property Taxes
Parcel Number
2029-03-0010
Land Assessment
$2,299,600
Improvements Assessment
$1,795,900
Total Assessment
$4,095,500
Contacts
-
Edward Otocka -
Amelia Haydock -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
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2290 Fruitville Rd - Mammoth Car Wash
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