9901 Coral Way | Miami, FL 33165
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- LoopNet Team
9901 Coral Way
Miami, FL 33165
Brand New EL Car Wash Miami Near FIU · Specialty Property For Sale
·
3,340 SF
Investment Highlights
- Corporate Guarantee From El Car Wash | Brand New, State-of-the-art Construction With El Car Wash’s Latest Prototype And A 120-ft Tunnel
- 2% Annual Rent Increases Throughout The Initial Term And Options | Avg Cap Rate Of 7.59% Over The Base Lease Term (Assuming Purchase At List Price)
- Excellent Access & Visibility From SW 24th St / Coral Way Which Sees 38,500 Vehicles Per Day / Left Turn- In
- New 20-year Initial Lease Term | Approximately $10.3MM+ In Guaranteed Income
- Only Express Car Wash Built In The Miami Submarket Of Westchester In The Past 40 Years
- Dense Area With Brand-driven Demographics | Within A 3-mile Radius Population Exceeds 210,000+ Residents With An Average HH Income Of ±$95,000
Property Facts
| Property Type | Specialty | Building Size | 3,340 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2024 |
| Lot Size | 0.78 AC | ||
| Zoning | 6200 | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.78 AC |
| Building Size | 3,340 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | 6200 |
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $341,220 | |
| Land Assessment | $2,732,080 | Total Assessment | $3,073,300 |
Property Taxes
Parcel Numbers
Land Assessment
$2,732,080
Improvements Assessment
$341,220
Total Assessment
$3,073,300
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