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1275 N Military Trl - Whistle Express Car Wash 6,693 SF Specialty Building Offered at $8,278,285 CAD at a 6.50% Cap Rate in West Palm Beach, FL 33409
Investment Highlights
- Long - Term NNN Lease
- Institutional - Quality Tenant
- 100% Bonus Depreciation
- Prime South Florida Market
Executive Summary
Surmount is pleased to present the exclusive listing for a Whistle Express located at 1275 North Military Trail, West Palm Beach, FL 33409. The site consists of roughly 6,693 rentable square feet of building space on an estimated 1.42-acre parcel of land. Whistle Express is subject to a 20-year Triple Net (NNN) lease, which commenced 9/8/2022. The current annual rent is $382,035 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $8,278,285 CAD | Lot Size | 1.42 AC |
| Price Per SF | $1,236.86 CAD | Building Size | 6,693 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 2022 |
| Property Type | Specialty | Opportunity Zone |
Yes
|
| Property Subtype | Car Wash | ||
| Zoning | CG | ||
| Price | $8,278,285 CAD |
| Price Per SF | $1,236.86 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 1.42 AC |
| Building Size | 6,693 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
| Zoning | CG |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00-42-43-25-39-001-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,103,037 CAD |
Property Taxes
Parcel Number
00-42-43-25-39-001-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,103,037 CAD
Contacts
-
Edward Otocka -
Amelia Haydock -
Joseph Kelly -
Glen Kunofsky -
Christopher Marks -
Thomas Jonsson -
Surmount
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1275 N Military Trl - Whistle Express Car Wash
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