Mr. Clean Car Wash

150 McCoy Wy, St. Augustine, FL 32095

Mr. Clean Car Wash

Price $7,307,471
CAP Rate 7.00%
Lease Term 19 Years
Net Operating Income (NOI) $511,523

Property Data

Building Size (SF) 3,302 SF
Land Size (AC) 1.20 AC
Year Built2024

Tenant(s) Mr. Clean Car Wash
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 1.25% Annually

Options 4 x 5
Rent Commencement Oct 2024
Lease Expiration Oct 2044

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a Mr. Clean Car Wash located at 150 McCoy Way, St. Augustine, FL 32095 . The site consists of roughly 3,302 rentable square feet of retail space on an estimated 1.20-acre parcel of land. This Mr. Clean Car Wash is subject to a 19-year Absolute Triple Net (NNN) Lease. The annual rent is $511,523 with scheduled 1.25% increases annually, and continuing through the option periods.

Highlights

New 2025 construction with 19 years remaining and 1.25% annual rental increases
The subject property is strategically located in a prime retail corridor including tenants such as Dutch Bros, Take 5 Oil Exchange, Circle K, Starbucks, Burger King & Publix
The subject property offers outstanding visibility and accessibility, featuring prominent street frontage along Dixie Highway and a large monument sign, with over 30,000 VPD
The subject property is located near Northeast Regional Airport seeing over 300 flights per day