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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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345 W Duval St , Other, FL 32055
$5,120,000
Est. Payment: $11,377.78/mo
0 Bed
0 Bath
10374 Sqft
Status: Active | Days on site: 35
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APNR01 - 3317434
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House 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.

Highlights

Listed by Benedict Gutierrez , 305-281-8087 Berlin Group , 305-281-8087.

Property Type

Commercial Sale

Lot/Acreage
1.26

County

Other

Area

5940 Florida Other

Listing ID

A12069869

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$11,378
Taxes
$3,264

Home Price

$5,120,000

Loan Details

30 yrs
%

Down Payment

20%
$1,024,000
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Monthly Price:
$11,377.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,377.78 $3,264.00 $0.00 $14,641.78
Yearly $136,533.33 $39,168.00 $0.00 $175,701.33
Total $4,096,000.00 $1,175,040.00 $0.00 $5,271,040.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Other, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.