Current Use by Public Records
- Specialty properties
Property Details for 12611 Us-19
- Year built
- 2007
- Lot size
- 0.94 lot acres
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Hudson
- County
- Pasco
- State
- Florida
- Longitude
- -82.7008
- Latitude
- 28.3403
