Mr. Clean Car
New
For Sale
$6,875,000
2411 Ridgecrest Ave, Orange Park, FL 32065
A newly built, 3,415-square-foot facility is leased on an absolute NNN basis through May 2043.
Property Size3,415 SF
Price / SF$2,013
Days on Market5
Property Features for 2411 Ridgecrest Ave
General Information
Standard status
Active
Size
3,415 SF
Property subtype
Car Wash
Lease Type
Absolute Net
Site & Location
Traffic Count
62,000 vehicles/day
Road Access
Yes
Additional Details
Cap Rate
6.6%
Amenities
100% Bonus Depreciation Eligible (Consult a Tax Advisor): Property may qualify for 100% bonus depreciation on eligible components through a cost segregation study.
Strong Corporate & Affiliate Guarantee: Lease obligations are guaranteed by multiple affiliated entities tied to the operators broader business portfolio, in addition to personal guarantees.
Long-Term Absolute NNN Lease: Approximately 17 years of remaining lease term with no landlord responsibilities, providing investors with passive, predictable income.
Attractive In-Place Yield With Annual Rent Growth: Offered at a 6.60% cap rate with 1.25% annual rent increases, providing contractual income growth throughout the remaining lease term.
Newer Construction: The 3,415-square-foot car wash was built in 2023, limiting near-term capital expenditure and deferred maintenance concerns.
Strong Operator Commitment: Mr. Clean Car Wash operates 19 locations, with the lease further supported by multiple corporate and personal guarantees.
Four (5) Year Renewal Options: The lease includes four renewal options, providing the potential for continued long-term occupancy beyond the initial lease term.
High-Traffic Blanding Boulevard Location: Positioned along Blanding Boulevard with approximately 62,000 vehicles per day, providing strong visibility and exposure.
Building Details
Building Size
3,415 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Tarek Chbeir · License #License(s): FL: SL3449535
(407) 557-3834
Source:
Marcusmillichap
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 4:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
The Mr. Clean Car Wash at 2411 Ridgecrest Ave in Orange Park comprises 3,415 square feet and was newly constructed. The property is leased under a 20-year absolute NNN agreement that runs through May 2043, with approximately 17 years remaining. The lease provides for 1.25% annual rent increases and carries three corporate and four personal guarantees. The property is offered at a 6.60% cap rate.
Blanding Boulevard, where the site is positioned, carries approximately 62,000 vehicles per day. Nearby retailers and services include Walmart, Publix, CVS, Chipotle, Taco Bell, Arby’s, Checkers, Panda Express, Valvoline, Caliber Collision, UPS, Extra Space Storage, and Cookies. Average household income within five miles exceeds $116,000.
Blanding Boulevard, where the site is positioned, carries approximately 62,000 vehicles per day. Nearby retailers and services include Walmart, Publix, CVS, Chipotle, Taco Bell, Arby’s, Checkers, Panda Express, Valvoline, Caliber Collision, UPS, Extra Space Storage, and Cookies. Average household income within five miles exceeds $116,000.
Key Highlights
- 3,415‑square‑foot car wash facility
- Newly constructed Mr. Clean Car Wash
- Absolute NNN lease through May 2043, with approximately 17 years remaining
Property Analytics
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Current Use
Lease Details
62,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Explore this area
Business Placement
Demographics for 32065, FL
40,164
Population
14,756
Households
2.7
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
2,028
Density / Sq Mi
$92,842
Median Household Income
$44,508
Median Earnings
$1,675
Median Rent
$278,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - A newly built, 3,415-square-foot facility is leased on an absolute NNN basis through May 2043.
Where is this car wash located?
The property is located at 2411 Ridgecrest Ave Orange Park, FL.
What is the asking price?
The asking price for this property is $6,875,000.
What are key features of this property?
This property features: 3,415‑square‑foot car wash facility; Newly constructed Mr. Clean Car Wash; Absolute NNN lease through May 2043, with approximately 17 years remaining
