Mister Car Wash NNN Property For Sale — Mulberry, FL
Mulberry, FL
Mister Car Wash express car wash in Mulberry, FL. Fee-Simple (Re-Sale) offering with 19 years of lease term remaining. Tenant operates about 550 Locations. Rent increases 1.5% annually; renewal options: (4) 5-Year. Reported EBITDAR/rent coverage: 3.2x. Year-end depreciation: some buyers consider car-wash properties when planning year-end depreciation. Eligibility, timing and any tax benefit depend on your own circumstances and current tax law, and are not guaranteed. Please consult a qualified tax professional before relying on any depreciation strategy.
- Address: Mulberry, FL
- Asking price $5.57M
- 5.50% cap rate
- NOI $306,403
- 19 years remaining
- NNN lease
- Year built: 2023
- Building size: 5,000 SF
- Lot size: 1.04 acres
- Guarantor: Corporate
- Renewal options: (4) 5-Year
Location
This Mister Car Wash property is in Mulberry, Florida.
Asset type: Car Wash