520 W Granada Blvd | Ormond Beach, FL 32174
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- LoopNet Team
520 W Granada Blvd
Ormond Beach, FL 32174
Camel Premium Express Car Wash · Specialty Property For Sale
·
4,120 SF
INVESTMENT HIGHLIGHTS
- Extremely High-Volume Corporate Camel Express Car Wash (Magnolia Wash Holdings) in Coastal Florida Location
- Absolute NNN lease with no landlord responsibilities; 20-year initial lease term with 1.50% annual increases
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success
- Corporate guaranteed lease (98 locations with 120 by the end of 2023)
- Strong balance sheet & backed by Oaktree Capital who acquired a majority ownership position in July 2023 ($172 billion in assets under management)
- Part of Deltona-Daytona Beach-Ormond Beach MSA: One of the top 10 largest MSA’s in state of FL which hosted more than 10.6 million visitors in 2022
PROPERTY FACTS
| Property Type | Specialty | Building Size | 4,120 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2020 |
| Lot Size | 1.45 AC | Parking Ratio | 8.98/1,000 SF |
| Zoning | PBD - Planned Business Development | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 4,120 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 8.98/1,000 SF |
| Zoning | PBD - Planned Business Development |
PROPERTY TAXES
| Parcel Number | 4241-48-00-0010 | Improvements Assessment | $607,816 |
| Land Assessment | $1,134,252 | Total Assessment | $1,742,068 |
PROPERTY TAXES
Parcel Number
4241-48-00-0010
Land Assessment
$1,134,252
Improvements Assessment
$607,816
Total Assessment
$1,742,068
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