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8401 SW 40th St - Mammoth Car Wash 2,042 SF Specialty Building Offered at $6,336,036 at a 4.50% Cap Rate in Miami, FL 33155
INVESTMENT HIGHLIGHTS
- Income Tax–Free State
- High Visibility With Strong Daily Traffic Counts
- Bonus Depreciation Opportunity
- Corporate Guarantee by Mammoth Car Wash
EXECUTIVE SUMMARY
SURMOUNT™ is pleased to present the exclusive listing for a Mammoth Car Wash located at 8401 SW 40th ST, Miami, FL 33155. The site consists of roughly 2,130 rentable square feet of building space on an estimated 0.41-acre parcel of land. This Mammoth Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/29/2021. The current annual rent is $285,122 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
| Price | $6,336,036 | Building Class | C |
| Price Per SF | $2,974.66 | Lot Size | 0.41 AC |
| Sale Type | Investment | Building Size | 2,130 SF |
| Cap Rate | 4.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1969/2019 |
| Property Subtype | Car Wash | ||
| Zoning | BU-2 | ||
| Price | $6,336,036 |
| Price Per SF | $2,974.66 |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 2,130 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2019 |
| Zoning | BU-2 |
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 30-4015-000-0101 | Improvements Assessment | $100,355 |
| Land Assessment | $1,677,985 | Total Assessment | $1,778,340 |
PROPERTY TAXES
Parcel Number
30-4015-000-0101
Land Assessment
$1,677,985
Improvements Assessment
$100,355
Total Assessment
$1,778,340
CONTACTS
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Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Andrew Darby -
Christopher Marks -
Surmount
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8401 SW 40th St - Mammoth Car Wash
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