345 W Duval Street, Other City - In The State Of Florida, FL 32055
345 W Duval Street, Other City - In The State Of Florida, FL 32055
345 W Duval Street, Other City - In The State Of Florida, FL 32055
9
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$5,120,000
Est. payment /mo
10,374 SqFt
New

345 W Duval Street Other City - In The State Of Florida, FL 32055

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Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 10,374 sqft

Price per Sqft $493

MLS Listing ID A12069869

HOA Y/N No

Lot Size 1.259 Acres

Property Sub-Type Special Purpose

Sub Type Special Purpose

Property Description

Exceptional passive investment opportunity featuring a Whistle Express Car Wash in Lake City, FL, positioned along a highly visible corridor with traffic counts exceeding 19,000 vehicles per day. The property is leased on an Absolute NNN basis, requiring no landlord maintenance responsibilities, with approximately 13 years remaining on the initial lease term. The lease is backed by a corporate guaranty from Whistle Express and includes 1.75% annual rent increases.

Following its acquisition of Take 5 Car Wash, Whistle Express operates the nation's largest express car wash platform and is backed by Oaktree Capital Management, a global investment manager with more than $200 billion in assets under management. The property may offer substantial tax advantages through accelerated depreciation. Contact the listing broker for additional information.

Location

State FL

County Other

Area 5940 Florida Other

Exterior

Private Pool Yes

Others

Tax ID 00-00-00-12417-000

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12069869


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Berlin Group

NEARBY SCHOOL & BUSINESS

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Dylan Snyder

Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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345 W Duval Street