This exceptional investment opportunity presents a brand-new, 3,648 square foot Caliber Car Wash located at 3857 SW Archer Rd, Gainesville, FL 32608. The property sits on a 1.82-acre lot and boasts a 20.1-year absolute NNN lease with 1.50% annual rent bumps, commencing September 13, 2023, and expiring September 30, 2043. The lease includes four 5-year renewal options, showcasing the tenant's long-term commitment. With a current NOI of $365,400 and an asking price of $5,622,000, this property offers a compelling 6.50% cap rate. The property benefits from a corporate guaranteed lease, eliminating landlord responsibilities, and qualifies for bonus depreciation. Strategically located on Archer Road, a primary thoroughfare with high traffic volume, and directly off Interstate 75 (90,000 vehicles per day), this car wash enjoys excellent visibility and accessibility. The surrounding area features strong tenant synergy with national retailers such as Target, Whole Foods, Trader Joe's, Lowe's, Sam's Club, Total Wine, and Publix. Furthermore, the property's proximity to the University of Florida (2 miles west) and a robust local population (over 152,000 residents and 97,000 employees within a 5-mile radius) ensures a consistent customer base. The average household income within the 5-mile trade area is $78,825. This is a management-free investment opportunity in a state with no state income tax, offering significant potential for passive income growth. The property's APN is 06801-001-001.
Highlights
Brand new 20-year lease with four 5-year renewal options, corporate guaranteed by Caliber Car Wash.
1.5% annual rent increases.
60% bonus depreciation, absolute NNN lease, fee simple ownership, zero landlord responsibilities, located in a state with no state income tax.
High-visibility location on Archer Road, a major Gainesville thoroughfare, with strong co-tenancy including Target, Whole Foods, and other national retailers, and direct I-75 access (68,500 VPD).
Two miles from the University of Florida (52,000+ students), serving a 5-mile trade area with over 152,000 residents, 97,000 employees, and a $78,825 average household income.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
William Wamble
Jake Iacovella
Patrick Nutt
Visit Broker Website
Learn more
Useful Information
Request information
3857 Archer Rd, Gainesville, Florida, 32608
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
3857 Archer Rd
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.