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Mr. Clean Car Wash

map3020 S Pine Ave, Ocala, FL 34471 external-link

Mr. Clean Car Wash

  • Price $5,232,929
  • CAP Rate 7.00%
  • Lease Term 17+ Years
  • Net Operating Income (NOI) $366,035

Property Data

  • Building Size (SF) 3,302 SF
  • Land Size (AC) 1.98 AC
  • Year Built2022
  • 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 Aug 2022
  • Lease Expiration Aug 2042
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About Property

STONECLIFF is pleased to present the exclusive listing for a Mr. Clean Car Wash located at 3020 S Pine Ave, Ocala, FL 34471 . The site consists of roughly 3,302 rentable square feet of retail space on an estimated 1.98-acre parcel of land. This Mr. Clean Car Wash is subject to a 17-year Absolute Triple Net (NNN) Lease. The annual rent is $361,516 with scheduled 1.25% increases annually, and continuing through the option periods.

Highlights

  • Signalized Intersection | High Traffic Counts | Excellent Visibility & Access • The investment is strategically located along S. Pine Ave., a major commuter and retail thoroughfare that sees 39,500 VPD • The asset is located near the highly trafficked, signalized intersection of S. Pine Ave & SE. 3nd St (60,000 VPD) • The property has excellent visibility and access via significant street frontage and a large monument sign
  • Great Demographics | Fast-Growing City • A population of over 91,000 people within a 5-mile radius with an average household income exceeding $87,314 • Between 2018 & 2023, Ocala ranked 16th across the country in job growth and wage growth • The local transportation sector in Ocala has nearly doubled, reflecting Ocala’s strategic position as a regional workforce hub

Listing Team

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Teddy Leonard

teddy@stonecliffre.com

Lic: TX#: 631339