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2290 Fruitville Rd - Mammoth Car Wash 3,800 SF Specialty Building Offered at $7,631,779 CAD at a 6.75% Cap Rate in Sarasota, FL 34237
Investment Highlights
- Strong Corporate Guarantee
- Signalized Corner Intersection
- 100% Bonus Depreciation
- Strong Demographics
Executive Summary
Surmount is pleased to present the exclusive listing for a Mammoth Car Wash located at 2290 Fruitville Road, Sarasota, FL 342 37. The site consists of roughly 3,800 rentable square feet of building space on an estimated .79-acre parcel of land. Mammoth Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $375,000 and has scheduled increases of 1.50% Annually.
Property Facts
| Price | $7,631,779 CAD | Building Class | C |
| Price Per SF | $2,008.36 CAD | Lot Size | 0.79 AC |
| Sale Type | Investment | Building Size | 3,800 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2023/2024 |
| Property Subtype | Car Wash | ||
| Zoning | CI - Commercial, Intensive | ||
| Price | $7,631,779 CAD |
| Price Per SF | $2,008.36 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 3,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2023/2024 |
| Zoning | CI - Commercial, Intensive |
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2029-03-0010 | Improvements Assessment | $2,462,269 CAD |
| Land Assessment | $3,152,867 CAD | Total Assessment | $5,615,135 CAD |
Property Taxes
Parcel Number
2029-03-0010
Land Assessment
$3,152,867 CAD
Improvements Assessment
$2,462,269 CAD
Total Assessment
$5,615,135 CAD
Contacts
-
Edward Otocka -
Amelia Haydock -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
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2290 Fruitville Rd - Mammoth Car Wash
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