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This Specialty Property is no longer advertised on LoopNet.ca.

8087 Lake Wilson Rd
Davenport, FL 33896

ModWash · Specialty Property For Sale · 4,640 SF

Investment Highlights

  • BRAND NEW CONSTRUCTION SALE LEASEBACK - Built in 2021, this property features a 20-year Absolute NNN lease that will commence at close of escrow.
  • STICKY BUSINESS MODEL - Due to the high cost for construction, difficulty with permits, and cost for machinery, carwashes don’t tend to move around.
  • POPULATION GROWTH - According to CoStar data, the population has grown 4.80% in a 2-mile radius over the last year.
  • PROXIMITY TO MAJOR CITIES - This location is less than 30 miles outside of Orlando and less than 60 miles from Tampa, Florida.
  • HIGHLY PROFITABLE BUSINESS - The EBIDTA margins on express tunnel sales are higher than most retailers, hovering in the 40 to 50% range.
  • EXCELLENT EXPOSURE - The property sees over 17,000 vehicles per day on Lake Wilson Road.

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.22 AC
Building Size 4,640 SF
No. Stories 1
Year Built 2020
Parking Ratio 5.82/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-26-02-701016-000040
Land Assessment
$863,492
Improvements Assessment
$1,269,459
Total Assessment
$2,132,951

zoning

Zoning Code C-3
C-3
  • Listing ID: 28269663

  • Date on Market: 2023-04-19

  • Last Updated:

  • Address: 8087 Lake Wilson Rd, Davenport, FL 33896

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