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27981467
27981468

18210 S Dixie Highway, Miami, FL 33157

EO
NY NY 10401298466
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
AH
NY: 10401334976
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$7,807,558
217 days on market
Updated 25 days ago

Mammoth Car Wash

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 3,974
Cap Rate 4.75%
NOI $370,859
Occupancy 100%
Lease Type NNN
Lease Term 20
Lease Expiration 12/28/2041
Remaining Term 15.6
Price per SqFt $1,965
Year Built 1969
Year Renovated 2013
Acreage 1.760
Tenant Credit Corporate Guarantee
Lease Commencement 12/29/2021
Ownership Fee Simple

Special Purpose | 4.75% CAP | 3,974 SqFt

Marketing description

SURMOUNT™ is pleased to present the exclusive listing for a Mammoth Car Wash located at 18210 S Dixie Hwy, Miami, FL 33157. The site consists of roughly 3,974 rentable square feet of building space on an estimated 1.76-acre parcel of land. This Mammoth Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/29/2021. The annual rent is $370,859 and has scheduled increases of 1.50% annually.

Investment highlights

  • Income Tax–Free State | Located in one of the nation’s most business-friendly states, the property benefits from Florida’s lack of state income tax, pro-growth economic policies, and consistent population and job expansion. These fundamentals continue to attract residents, corporations, and investment capital, supporting long-term tenant performance and real estate value.

  • Bonus Depreciation Opportunity | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. SURMOUNT is not a tax advisor. Please consult your own tax professional.

  • High Visibility With Strong Daily Traffic Counts | The property benefits from exceptional exposure along a heavily traveled corridor, with traffic counts exceeding 49,000 vehicles per day on S Dixie Hwy. The steady commuter and retail-driven traffic ensures consistent visibility and supports long-term sales performance for the tenant.

  • Corporate Guarantee by Mammoth Car Wash | The lease is backed by Mammoth Car Wash, a well-capitalized and highly experienced operator with over 150 units nationwide. This corporate guarantee provides a strong credit foundation, enhancing tenant reliability, long-term stability, and confidence in the property’s income stream.

Listing Contacts

EO
NY NY 10401298466
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
AH
NY: 10401334976
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$370,859.00
$30,904.92/mo

Valuation Metrics

0
DSCR
4.75%
Cap Rate
4.75%
ROI

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Additional Information

Name
Brian Brockman
License
RB14037939
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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