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49483 Highway 27
Davenport, FL 33897
ModWash · Specialty Property For Sale
·
3,816 SF
Investment Highlights
- BRAND NEW CONSTRUCTION SALE LEASEBACK - 20-Year absolute NNN lease w/ 1.5% annual increases and a corporate guarantee.
- ACCELERATED DEPRECIATION - This fee simple car wash site presents accelerated depreciation opportunities for tax savings. Florida is income tax free.
- CONSISTENT SALES - Sales are less volatile per month at express carwashes than other retailers due to the subscription model.
- HIGHLY PROFITABLE BUSINESS - EBIDTA margins hovering in the 40-50% range making this car wash incredibly profitable
- STICKY BUSINESS MODEL - Due to the high cost for constructions, difficulty w/ permits, carwashes don't tend to move around.
Property Facts
| Property Type | Specialty | Building Size | 3,816 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2021 |
| Lot Size | 1.36 AC | Parking Ratio | 9.17/1,000 SF |
| Zoning | NAC - neighborhood activity center | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.36 AC |
| Building Size | 3,816 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Parking Ratio | 9.17/1,000 SF |
| Zoning | NAC - neighborhood activity center |
Amenities
- Signage
Property Taxes
| Parcel Number | 26-25-13-998010-000010 | Improvements Assessment | $604,258 |
| Land Assessment | $916,887 | Total Assessment | $1,521,145 |
Property Taxes
Parcel Number
26-25-13-998010-000010
Land Assessment
$916,887
Improvements Assessment
$604,258
Total Assessment
$1,521,145
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