Mammoth Car Wash
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.
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