Mammoth Car
For Sale
Contact for pricing
9750 North Kendall Drive, Miami, FL 33176
Operating car wash property subject to a long-term NNN lease with scheduled annual increases.
Property Size4,592 SF
Lot Size0.58 Acres
Price / SF$1,363
Days on Market51
Property Features for 9750 North Kendall Drive
General Information
Standard status
Active
Size
4,592 SF
Lot size
0.58 Acres
Property subtype
Retail, Special Purpose
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 28 at 7:49AM
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 SURMOUNT
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Investment Insights
Based on property information with market context.
Mammoth Car Wash is an automotive property comprising approximately 4,592 rentable square feet on an estimated 0.58-acre parcel. The asset is located at 9750 North Kendall Drive in Miami, Florida, and is subject to a 20-year Triple Net lease that began 7/3/2024.
The lease includes scheduled increases of 2.00% annually, providing a defined contractual escalation structure. The property combines a specialized car wash operation with a long-term NNN tenancy at a Miami commercial address.
The lease includes scheduled increases of 2.00% annually, providing a defined contractual escalation structure. The property combines a specialized car wash operation with a long-term NNN tenancy at a Miami commercial address.
Key Highlights
- 4,592 rentable square feet of building space
- Estimated 0.58‑acre parcel
- 20‑year Triple Net (NNN) lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,974
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,339,480
$4.3M
Cap Rate 7%
$3,099,629
$3.1M
Cap Rate 9%
$2,410,822
$2.4M
Market Conditions
NOI Build-Up for 4,592 SF
Gross rent
$293.7K $63.96/SF
− Vacancy
−$4.4K −$0.96/SF
EGI
$289.3K $63.00/SF
− OpEx
−$72.3K −$15.75/SF
NOI
$217.0K $47.25/SF
Area
Miami, FL
Vacancy
1.50%
Lease Rate
$63.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,339,480
Cap Rate 7%
$3,099,629
Cap Rate 9%
$2,410,822
Alternative Uses
Best Use
Specialty Retail
$3.10M
$2.71M – $3.62M
NOI $216,974 @ 7.0% cap · market cap 3.47%
Second Best
Retail
$2.14M
$1.87M – $2.50M
NOI $149,817 @ 7.0% cap · market cap 2.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
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Business Placement
Demographics for 33176, FL
52,370
Population
20,309
Households
2.6
Avg Household Size
44
Median Age
43%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,328
Density / Sq Mi
$80,437
Median Household Income
$45,040
Median Earnings
$1,666
Median Rent
$568,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Car wash - Operating car wash property subject to a long-term NNN lease with scheduled annual increases.
Where is this car wash located?
The property is located at 9750 North Kendall Drive Miami, FL.
What is the asking price?
The asking price for this property is $6,261,116.
What are key features of this property?
This property features: 4,592 rentable square feet of building space; Estimated 0.58‑acre parcel; 20‑year Triple Net (NNN) lease
