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LUV CAR WASH  |  $4,250,000  |  6.75% 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% BonusDepreciation & 15 Year Accelerated Depreciation

  • Dense Retail Corridor | Wendy's, McDonald's, Dollar General, Ford, GMC, Subway,Hardee's, Speedway, Dodge, Advance Auto Parts, Verizon and Many More

  • Frontage Along Highway 17/Coastal Highway (32,000 VPD) which ConnectsDowntown Jacksonville to Punta Gorda, FL

  • Affluent Community | Average Household Income Exceeds $119,000 within a Ten-Mile Radius of the Subject Property

  • Strong Demographics | Over 183,000 Individuals within a Ten-Mile Radius of SubjectProperty

  • Strong Academic Presence | One High School, One Junior High School and OneElementary School are Located within Three-Mile Radius | Over 2,800 StudentsEnrolled

  • Income Tax Free State | Florida is one of the Nine Income Tax Free States

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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