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Express Car Wash with Absolute NNN Lease
New
For Sale
$5,120,000

345 W Duval St, Lake City, FL 32055

Corporate-guaranteed lease includes annual rent increases and approximately 13 years remaining in the initial term.

Property Size10,374 SF
Days on Market6

Property Features for 345 W Duval St

General Information

Standard status Active
Size 10,374 SF
Property subtype Commercial

Additional Details

Traffic Count 19,000 vehicles/day

Building Details

Building Size 10,374 SF
Tenancy Single
Listing Agency: Berlin Group
Listed By: Benedict Gutierrez · License #BK3317434
Source: Elliman
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 18 at 9:07AM

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 Berlin Group

Investment Insights

Based on property information with market context.

The property is an express car wash operated under the Whistle Express brand at 345 W Duval St in Lake City, Florida. It is subject to an Absolute NNN lease, with the lease structure requiring no landlord maintenance responsibilities. The initial term has approximately 13 years remaining, and the lease includes a corporate guaranty from Whistle Express.

The site is positioned along a visible corridor with traffic counts exceeding 19,000 vehicles per day. Contractual rent increases are set at 1.75% annually. The location has a Walk Score of 69, classified as Somewhat Walkable, and a Bike Score of 55, classified as Bikeable.

Key Highlights

  • Whistle Express express car wash at 345 W Duval St, Lake City, FL 32055
  • Absolute NNN lease requires no landlord maintenance responsibilities
  • Approximately 13 years remaining in the initial lease term

Property Analytics

Current Use

Take 5 Car ... Car Wash

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Catering Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,109
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 17% Home Improvements & Furnishings 1%
McDonald's Dining
22,740 visits/mo 0.5 miles
Taco Bell Dining
15,417 visits/mo 0.3 miles
Burger King Dining
14,829 visits/mo 0.2 miles
Wendy's Dining
13,935 visits/mo 0.2 miles
Hardee's Dining
12,193 visits/mo 0.1 miles

Demographics for 32055, FL

16,624
Population
7,498
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
84%
High-School Grad
184.4 sq mi
ZIP Area
90
Density / Sq Mi
$57,328
Median Household Income
$30,840
Median Earnings
$873
Median Rent
$161,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Car wash - Corporate-guaranteed lease includes annual rent increases and approximately 13 years remaining in the initial term.
Where is this car wash located?
The property is located at 345 W Duval St Lake City, FL.
What is the asking price?
The asking price for this property is $5,120,000.
What are key features of this property?
This property features: Whistle Express express car wash at 345 W Duval St, Lake City, FL 32055; Absolute NNN lease requires no landlord maintenance responsibilities; Approximately 13 years remaining in the initial lease term
More about this property
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