For Sale
$2,678,166

12611 Us-19Hudson, FL 34667

High-Yield Car Wash Investment; 12 Years Remaining

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: a fee-simple Mister Car Wash in Hudson, Florida. This 4,064 square foot facility, built in 2007, sits on a 0.94-acre lot at 12611 US-19, within a thriving retail corridor anchored by national brands like Walmart, McDonald's, and more. The property boasts a strong 7.25% cap rate, generating a net operating income (NOI) of $194,167. A 20-year triple-net (NNN) lease, commenced November 1, 2016, and expiring October 31, 2036, provides significant long-term stability with over 12 years remaining. The lease includes annual rent increases, the lesser of CPI or 1.50%. The corporate guarantee adds further security. This property is a prime example of a low-maintenance, high-return investment, further enhanced by potential bonus depreciation benefits (consult a CPA for details). The asking price is $2,678,166, translating to $659 per square foot. This is a rare opportunity to acquire a well-established, high-performing car wash in a prime location. The single-tenant occupancy minimizes management complexities.

Highlights

  • $2,678,166 asking price for a fee-simple Mister Car Wash in a high-traffic retail corridor.
  • Long-term, 12-year remaining triple-net (NNN) lease with corporate guarantee, minimizing landlord responsibilities.
  • Strong financial performance: 7.25% cap rate and $194,167 annual net operating income (NOI).
  • 4,064 square feet on a 0.94-acre lot, priced at $659 per square foot.
  • Located at 12611 US-19, Hudson, FL 34667, near major national retailers.
  • Built in 2007, with lease expiring 10/31/2036; annual rent increases are the lesser of CPI or 1.5%.

Property Details for 12611 Us-19

Property type
Specialty properties, Car washes
Square Feet
4,064 SF
Year Built
2007
Lot Size (sq. ft)
40,946 SF

Location Insight

City
Hudson
County
Pasco
State
Florida
Latitude
28.3402571
Longitude
-82.7008203
12611 Us-19, Hudson, Florida

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12611 Us-19
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