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812 FL-19 - Caliber Car Wash 3,752 SF Specialty Building Offered at $4,000,000 at a 6.25% Cap Rate in Palatka, FL 32177
INVESTMENT HIGHLIGHTS
- Strong Corporate Guaranty
- Attractive Retail Corridor Anchored by National Tenants
- Bonus Depreciation Opportunity
- Proximity to Key Community Drivers
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Caliber Car Wash located at 812 S State Rd. 19, Palatka, FL 32177. The site consists of roughly 3,752 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Caliber Car Wash is subject to a 22-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $250,000 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
| Price | $4,000,000 | Building Class | C |
| Price Per SF | $1,066.10 | Lot Size | 1.06 AC |
| Sale Type | Investment | Building Size | 3,752 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Car Wash |
| Price | $4,000,000 |
| Price Per SF | $1,066.10 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 3,752 SF |
| No. Stories | 1 |
| Year Built | 2020 |
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PROPERTY TAXES
| Parcel Number | 11-10-26-0000-0574-0030 | Improvements Assessment | $1,829,380 |
| Land Assessment | $413,470 | Total Assessment | $2,242,850 |
PROPERTY TAXES
Parcel Number
11-10-26-0000-0574-0030
Land Assessment
$413,470
Improvements Assessment
$1,829,380
Total Assessment
$2,242,850
CONTACTS
-
Matthew Anuszkiewicz -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
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812 FL-19 - Caliber Car Wash
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