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2043 FL 60
Lake Wales, FL 33898 Southeast Polk

$3,404,000 USD

Carwash For Sale  •  2,928 SF

Property Details

  • Property Type Carwash
  • Total Building Size 2,928 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 2021
  • Zoning C
0 Transit Score
49 Walk Score

Highlights

Corporate Guaranteed Lease: Backed by Caliber Car Wash, one of the fastest-growing express car wash brands in the Southeast with a proven track record
Long-Term Absolute NNN Lease: 20-year corporate-guaranteed lease with zero landlord responsibilities.
Built-In Rent Growth: Annual 1.25% increases throughout the base term and options with a current attractive yield of 7.10% Cap  on current rent.
Accelerated Depreciation: 2021 construction qualifies for cost segregation, allowing investors to potentially capture substantial early tax benefits.
Prime Highway Frontage: Excellent visibility along Highway 60, a major east-west corridor through Central Florida with 25,000 vehicles per day.
High-Growth Market: Located in Lake Wales, a rapidly developing submarket of Polk County—one of Florida’s fastest-growing counties.

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Tarek Chbeir 407-929-1355 Marcus & Millichap
Tarek Chbeir 407-929-1355 Marcus & Millichap