This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

949 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

1718 Verdad St - LUV Car Wash

3,520 SF Specialty Building Offered at $6,024,247 CAD at a 6.75% Cap Rate in Green Cove Springs, FL 32043

Car Washes Florida Green Cove Springs 1718 Verdad St, Green Cove Springs, FL 32043

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
  • Two Percent (2.00%) Annual Rental Increases

Executive Summary

NNN Pro Group and Marcus & Millichap are pleased to present the exclusive listing for a LUV Car Wash located at 1718 Verdad St in Green Cove Springs, FL. The site consists of roughly 3,520 rentable square feet of building space on estimated 1.07-acre parcel of land. This LUV Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $286,875 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 4, 5-year renewal options.

Property Facts

Price $6,024,247 CAD Lot Size 1.07 AC
Price Per SF $1,711 CAD Building Size 3,520 SF
Sale Type Investment No. Stories 1
Cap Rate 6.75% Year Built 2024
Property Type Specialty Parking Ratio 1.99/1,000 SF
Property Subtype Car Wash
Price $6,024,247 CAD
Price Per SF $1,711 CAD
Sale Type Investment
Cap Rate 6.75%
Property Type Specialty
Property Subtype Car Wash
Lot Size 1.07 AC
Building Size 3,520 SF
No. Stories 1
Year Built 2024
Parking Ratio 1.99/1,000 SF
1 of 1
1718 Verdad St, Green Cove Springs, FL - aerial map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • 39-05-26-015113-001-05
  • 39-05-26-015113-001-04
 Improvements Assessment $0 CAD
Land Assessment $2,919,726 CAD Total Assessment $2,919,726 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 39-05-26-015113-001-05
  • 39-05-26-015113-001-04
Land Assessment
$2,919,726 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,919,726 CAD

zoning

Zoning Code C (Commerical)
C (Commerical)
(332) 345-4222

  • Listing ID: 31220511

  • Date on Market: 2024-03-14

  • Last Updated:

  • Address: 1718 Verdad St, Green Cove Springs, FL 32043

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
1718 Verdad St, Green Cove Springs, FL for sale Primary Photo- Image 1 of 3
LUV_rep
1718 Verdad St, Green Cove Springs, FL for sale Aerial- Image 2 of 3
LUV_1718VerdadSt_GreenCoveSpringsFL_aerial

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

1718 Verdad St - LUV Car Wash
(332) 345-4222 x

1718 Verdad St - LUV Car Wash

1/3

Glen Kunofsky

(332) 345-4222

(332) 345-4222

James Westerberg

(516) 477-7026

(516) 477-7026

Walker Stevens

(332) 345-7742

(332) 345-7742

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link