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Dirty Dog's Carwash 10 W New Haven Ave 2,048 SF Retail Building Melbourne, FL 32901 $6,768,860 CAD ($3,305.11 CAD/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Bonus Depreciation Opportunity
- Strong Corporate Guarantee
- Long-Term Triple Net Lease
- Excellent Underlying Real Estate
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Dirty Dog's Car Wash located at 10 W New Haven Ave, Melbourne, FL 32901. The site consists of roughly 2,048 rentable square feet of building space on an estimated 0.8-acre parcel of land. This Dirty Dog's Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/15/2023. The current annual rent is $315,187 and has scheduled increases of 2.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,048 SF
Building Class
C
Year Built
2022
Price
$6,768,860 CAD
Price Per SF
$3,305.11 CAD
Cap Rate
6.50%
NOI
$439,976 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
C - General Commercial
Frontage
106’ on New Haven Ave
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-37-04-04-00000.0-0066.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,406,076 CAD |
PROPERTY TAXES
Parcel Number
28-37-04-04-00000.0-0066.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,406,076 CAD
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Dirty Dog's Carwash | 10 W New Haven Ave
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