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2900 22nd Ave N
Saint Petersburg, FL 33713
ModWash · Specialty Property For Sale
·
3,310 SF
Investment Highlights
- NEWLY RENOVATED SALE LEASEBACK - Remodeled in 2023, this property features a 20-year Absolute NNN lease that will commence at close of escrow.
- STRONG POPULATION - According to CoStar data, this area has over 300,000 people within a 5-mile radius.
- STICKY BUSINESS MODEL - Due to the high cost for construction, difficulty with permits, and cost for machinery, carwashes don’t tend to move around.
- HIGHLY PROFITABLE BUSINESS - The EBIDTA margins on express tunnel sales are higher than most retailers.
- CONSISTENT SALES - Sales are less volatile per month at express carwashes than other retailers due to the subscription model of memberships.
- EXCELLENT EXPOSURE - The property sees over 77,376 vehicles per day on 22nd Ave N.
Property Facts
| Property Type | Specialty | Building Size | 3,310 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2015 |
| Lot Size | 0.57 AC | Parking Ratio | 6.64/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.57 AC |
| Building Size | 3,310 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Parking Ratio | 6.64/1,000 SF |
Property Taxes
| Parcel Number | 14-31-16-68204-001-0012 | Improvements Assessment | $176,724 |
| Land Assessment | $423,276 | Total Assessment | $600,000 |
Property Taxes
Parcel Number
14-31-16-68204-001-0012
Land Assessment
$423,276
Improvements Assessment
$176,724
Total Assessment
$600,000
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