12611 Us-19Hudson, FL 34667

Property Details for 12611 Us-19

Year built

2007

Lot size

0.94 AC

Property size (Sq ft)

4,064 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

Exceptional investment opportunity: a fee-simple Mister Car Wash in Hudson, Florida. This 4,064 square foot facility, built in 2007, sits on a 0.94-acre lot at 12611 US-19, within a thriving retail corridor anchored by national brands like Walmart, McDonald's, and more. The property boasts a strong 7.25% cap rate, generating a net operating income (NOI) of $194,167. A 20-year triple-net (NNN) lease, commenced November 1, 2016, and expiring October 31, 2036, provides significant long-term stability with over 12 years remaining. The lease includes annual rent increases, the lesser of CPI or 1.50%. The corporate guarantee adds further security. This property is a prime example of a low-maintenance, high-return investment, further enhanced by potential bonus depreciation benefits (consult a CPA for details). The asking price is $2,678,166, translating to $659 per square foot. This is a rare opportunity to acquire a well-established, high-performing car wash in a prime location. The single-tenant occupancy minimizes management complexities.

Location Insight

City

Hudson

County

Pasco

State

Florida

Latitude

28.3403

Longitude

-82.7008

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