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| Price $4,022,000 $4,331,000 | Built/Renov 1997/2007 | Tenant Take 5 Car Wash |
| Cap Rate 7.00% 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,082
| Lease Start
01-01-2023
| #Units
390
|
| Price/SF $1,931.80 $2,080.21 | Expiration
12-28-2042
| Tenant Type Automotive |
| NOI $281,541 | R. Term 17.7 | Ownership Fee Simple |
| Rent/SF
$135.23
| Increases 2.0%/5/yrs | Pop 5Mi 169,531 |
| Lot/AC 0.86 | Options 4/5yrs/2% | AHHI 5Mi $80,770 |
| | |
Take 5 Car Wash is strategically located near the signalized intersection of SW Archer Road and SW 34th Street, averaging a combined 105,000 vehicles passing daily. It benefits from nearby access onto I-75 (90,000 VPD), making this a centralized location with easy commutes. The tenant is near Butler Plaza West (317K+ SF), Esplanade at Butler Plaza (399K+ SF), and Butler North (334K+ SF), among...
...Build to suit
High traffic 50M+ VPD
Highway location
Major MSA
Income tax free state
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Traded and rated company
Corporate Guarantee
Take 5 Car Wash is the largest domestic operator of car wash sites. The chain offers exterior car wash services that utilize an automated conveyor belt to pull vehicles along a track where they...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 21,709 | 89,979 | 169,767 |
| 2023 Total Population : | 21,263 | 89,594 | 169,531 |
| 2023 Employed Civilian Pop : | 10,602 | 43,485 | 84,969 |
| 2023 Total Businesses : | 430 | 3,039 | 7,152 |
| 2023 Average Household Income : | $ 40,472 | $ 58,478 | $ 80,770 |
| 2023 Total Consumer Spending : | $ 343 M | $ 1860 M | $ 5010 M |
| 2023 Median Age : | 23 | 24 | 27 |
| 2023 Total Households : | 9,517 | 35,831 | 70,726 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,098 | 10,689 | 25,137 |
| 2023 Average Home Value : | $ 182,860 | $ 287,405 | $ 309,683 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Archer Road | SW 126th Rd | 2021 | 40,000 | 0.06 mi |
| Archer Road | SW Archer Rd | 2022 | 40,500 | 0.06 mi |
| Old Archer Road | SW 23rd St | 2021 | 3,000 | 0.19 mi |
| Old Archer Road | SW 23rd St | 2022 | 3,100 | 0.27 mi |
| Southwest 34th Street | SW 42nd Ave | 2022 | 41,000 | 0.28 mi |
| Southwest 34th Street | SW 24th Ave | 2021 | 34,000 | 0.28 mi |
| Southwest 34th Street | SW 47th Ave | 2022 | 44,500 | 0.49 mi |
| Southwest 34th Street | SW 19th Ave | 2020 | 42,500 | 0.50 mi |
| Archer Road | Old Archer Rd | 2021 | 40,500 | 0.51 mi |
| SW 34th St | SW 35th Pl | 2005 | 36,669 | 0.54 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
