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3010 SW Archer Rd - Whistle Express Car Wash 2,082 SF Specialty Building Offered at $4,896,000 at a 5.75% Cap Rate in Gainesville, FL 32608
Investment Highlights
- Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Butler Shopping Centers | University of Florida (50k+ Students) | High Traffic Intersection (88,500+ VPD)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Whistle Express Car Wash Corporate guaranteed lease
• Over 17 years remaining with 4 (5-year) option periods to extend
• The lease features 2% annual increases throughout the initial term and option periods beginning in 2029
• Over 17 years remaining with 4 (5-year) option periods to extend
• The lease features 2% annual increases throughout the initial term and option periods beginning in 2029
Property Facts
| Price | $4,896,000 | Building Class | C |
| Price Per SF | $2,351.59 | Lot Size | 0.86 AC |
| Sale Type | Investment | Building Size | 2,082 SF |
| Cap Rate | 5.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1997 |
| Property Subtype | Car Wash | Parking Ratio | 13.93/1,000 SF |
| Price | $4,896,000 |
| Price Per SF | $2,351.59 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.86 AC |
| Building Size | 2,082 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Parking Ratio | 13.93/1,000 SF |
Amenities
- Bus Line
- Signage
1 1
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 06785-000-000 | Improvements Assessment | $91,987 |
| Land Assessment | $1,123,848 | Total Assessment | $1,215,835 |
Property Taxes
Parcel Number
06785-000-000
Land Assessment
$1,123,848
Improvements Assessment
$91,987
Total Assessment
$1,215,835
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3010 SW Archer Rd - Whistle Express Car Wash
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