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LUV CAR WASH  |  $2,500,000  |  6.25% CAP

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  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback

  • Two Percent (2.00%) Annual Rental Increases

  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

  • Full Corporate Guarantee from LUV Car Wash Holdings, LLC (75+ Units)

  • Accelerated & Bonus Depreciation | Properties Qualify for Both 60% Bonus

  • Depreciation & 15 Year Accelerated Depreciation

  • A Portion of the Property is Subleased to Take 5 Oil Change | Contact Listing Brokers for More Details

  • Dense Retail Corridor | Walmart, Publix, The Home Depot, Sam's Club, McDonald's, Starbucks, Wendy’s, Burger King, Dollar General, Checkers and Many More

  • Robust Demographics | Over 355,900 Individuals Residing Within a 10-Mile Radius of Subject Property

  • Strong Traffic Counts | Over 34,200 and 102,200 Vehicles Per Day Along Dunn Avenue and Interstate-95, Respectively

  • Jacksonville International Airport (JAX) | Located Approximately Five Miles from Subject Property | Over 7.45 Million Passengers Per Year

  • Jacksonville Zoo and Gardens | Located Less Than Four Miles from Subject Property | Hosts Over a Million Visitors Per Year

  • Compelling Business Incentives | Property is Located in the Income Tax-Free State of Florida

PRESENTED BY:

ANDRE THOMPSON
Senior Associate
(520) 609-8896
andre.thompson@marcusmillichap.com
Lic. CA 02086459

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com
Lic. CA 01797033

BROKER OF RECORD
Ryan Nee
License: FL BK3154667

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