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6683 N Church Ave - Mister Car Wash - Mulberry, FL 5,000 SF Specialty Building Offered at $5,250,000 at a 5.75% Cap Rate in Mulberry, FL 33860
INVESTMENT HIGHLIGHTS
- Only Mister Car Wash Sale Leaseback Available in Florida
- Pad to Walmart Supercenter
- 100% Bonus Depreciation
EXECUTIVE SUMMARY
• Single-Tenant Mister Car Wash Sale-Leaseback:
° Corporately guaranteed lease by the top car wash operator in the U.S.
° Absolute NNN Lease, zero landlord responsibilities
° 20-year initial lease term with four 5-year options
° 1.5% annual increases during primary term and options
• About Mister Car Wash:
° 522 locations with numerous new sites set to open in 2025
° $995 million in total revenue reported for 2024
° 2.1 million Unlimited Wash Club members, 10.3% increase
° 39 new sites opened in 2024, a record for Mister Car Wash
° Publicly traded company (NASDAQ: MCW)
° Corporately guaranteed lease by the top car wash operator in the U.S.
° Absolute NNN Lease, zero landlord responsibilities
° 20-year initial lease term with four 5-year options
° 1.5% annual increases during primary term and options
• About Mister Car Wash:
° 522 locations with numerous new sites set to open in 2025
° $995 million in total revenue reported for 2024
° 2.1 million Unlimited Wash Club members, 10.3% increase
° 39 new sites opened in 2024, a record for Mister Car Wash
° Publicly traded company (NASDAQ: MCW)
PROPERTY FACTS
| Price | $5,250,000 | Property Subtype | Car Wash |
| Price Per SF | $1,050 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.04 AC |
| Cap Rate | 5.75% | Building Size | 5,000 SF |
| Sale Condition | Sale Leaseback | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Zoning | CI - Commercial/Industrial | ||
| Price | $5,250,000 |
| Price Per SF | $1,050 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Sale Condition | Sale Leaseback |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.04 AC |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | CI - Commercial/Industrial |
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PROPERTY TAXES
| Parcel Number | 23-29-25-000000-034040 | Improvements Assessment | $842,425 |
| Land Assessment | $633,962 | Total Assessment | $1,476,387 |
PROPERTY TAXES
Parcel Number
23-29-25-000000-034040
Land Assessment
$633,962
Improvements Assessment
$842,425
Total Assessment
$1,476,387
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6683 N Church Ave - Mister Car Wash - Mulberry, FL
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