LUV CAR WASH | $2,500,000 | 6.25% CAP
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Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
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Two Percent (2.00%) Annual Rental Increases
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Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
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Full Corporate Guarantee from LUV Car Wash Holdings, LLC (75+ Units)
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Accelerated & Bonus Depreciation | Properties Qualify for Both 60% Bonus
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Depreciation & 15 Year Accelerated Depreciation
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A Portion of the Property is Subleased to Take 5 Oil Change | Contact Listing Brokers for More Details
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Dense Retail Corridor | Walmart, Publix, The Home Depot, Sam's Club, McDonald's, Starbucks, Wendy’s, Burger King, Dollar General, Checkers and Many More
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Robust Demographics | Over 355,900 Individuals Residing Within a 10-Mile Radius of Subject Property
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Strong Traffic Counts | Over 34,200 and 102,200 Vehicles Per Day Along Dunn Avenue and Interstate-95, Respectively
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Jacksonville International Airport (JAX) | Located Approximately Five Miles from Subject Property | Over 7.45 Million Passengers Per Year
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Jacksonville Zoo and Gardens | Located Less Than Four Miles from Subject Property | Hosts Over a Million Visitors Per Year
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Compelling Business Incentives | Property is Located in the Income Tax-Free State of Florida