Mr. Clean Car Wash
- $5,232,929
Overview
- Mr. Clean Car Wash
- $5,232,929
- 7.00%
- 17+ Years
- 1.25% Annually
- Abs. NNN
- Feb 2022
- Feb 2042
- 3,302
- 2022
- 1.33
- Corporate
- None
Description
STONECLIFF is pleased to present the exclusive listing for a Mr. Clean Car Wash located at 3020 S Pine Ave, Ocala, FL. The site consists of roughly 3,302 rentable square feet of retail space on an estimated 1.33-acre parcel of land. This Mr. Clean is subject to a 20-year Absolute Triple Net (NNN) Lease. The annual rent is $370,611 with scheduled 1.25% Annually in Primary Term and Option Periods.
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- Signalized Intersection with strong traffic demographics (Approaching 60,000 VPD)
- 20-year absolute NNN lease with 1.25% rental increases every year
- Attractive tax advantages as this property qualifies for bonus depreciation benefits
- Supported by a population of over 91,000 within a 5-mile radius and household incomes exceeding $87,000.
Property Documents
Mr Clean_FL_Ocala OM
