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2980 N John Young Pky - Tommy's Car Wash | Kissimmee, FL 6,164 SF Specialty Building Offered at $6,666,000 at a 6.75% Cap Rate in Kissimmee, FL 34741
INVESTMENT HIGHLIGHTS
- Single-Tenant Absolute NNN Corporate Tommy’s Express Car Wash
- Attractive Year-One Yield, Compounded by 2% Annual Rent Increases as a Hedge Against Inflation
- Qualifying Costs Can Be Fully Expensed in Year 1 (Consult CPA)
- 20-Year Term With Zero Landlord Responsibilities; True Passive Investment
- Potential for Exceptional Tax Advantages | 100% Bonus Depreciation
- Creates Significant Early Cash Flow and Long-Term Return Benefits
EXECUTIVE SUMMARY
Brand-New 20-Year Absolute NNN Corporate Lease | Zero Landlord Responsibilities | Potential for Significant Bonus Depreciation Opportunity | #1 Car Wash Brand on Franchise 500 | 2% Annual Rent Increases | Income Tax–Free State | Prime Retail Corridor
PROPERTY FACTS
| Price | $6,666,000 | Building Class | B |
| Price Per SF | $1,081.44 | Lot Size | 1.51 AC |
| Sale Type | Investment | Building Size | 6,164 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2022 |
| Property Subtype | Car Wash | ||
| Zoning | OCG | ||
| Price | $6,666,000 |
| Price Per SF | $1,081.44 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.51 AC |
| Building Size | 6,164 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | OCG |
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PROPERTY TAXES
| Parcel Number | 04-25-29-3172-0001-0020 | Improvements Assessment | $4,159,100 |
| Land Assessment | $791,200 | Total Assessment | $4,950,300 |
PROPERTY TAXES
Parcel Number
04-25-29-3172-0001-0020
Land Assessment
$791,200
Improvements Assessment
$4,159,100
Total Assessment
$4,950,300
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2980 N John Young Pky - Tommy's Car Wash | Kissimmee, FL
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