345 W Duval Street, Other City - In The State Of Florida FL 32055

Description

The subject property is a Whistle Express Car Wash in Lake City, FL benefiting from over 19,000 cars per day. The property is leased on an Absolute NNN basis with about 13 years remaining, guaranteed by Whistle Express, which recently acquired Take 5 Car Wash to form the nation’s largest express wash operator. Backed by Oaktree Capital Management (over $200 billion in assets under management), the tenant offers strong financial backing and long-term stability. The lease features 1.75% annual rent increases and four (4) renewal options, and the investment is eligible for accelerated depreciation, resulting in a fully passive and tax-efficient ownership opportunity.

This special purpose home located at 345 W Duval Street, Other City - In The State Of Florida FL 32055 is currently for sale and has been available on Brickellsold for 11 days. This property is listed at $5M. It has N/A beds, N/A bathrooms, and is N/A square feet. 345 W Duval Street, Other City - In The State Of Florida FL 32055 is in Other City - In The State Of Florida county Other Florida County.