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 Was

345 WEST DUVAL STREET, Other City – In The State Of Florida

$5,120,000 USD
Pictures
Map
Object Images
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 1
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 2
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 3
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 4
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 5
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 6
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 7
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 8
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 9
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 10
Small Image of 345 WEST DUVAL STREET, Other City - In The State Of Florida Number 11
Contact us
ReCaptcha Protected
Schedule Tour
[datetime datetime-obps date-format:mm/dd/yy time-format:HH:mm placeholder “Day of Viewing”]
ReCaptcha Protected
Address345 WEST DUVAL STREET, Other City – In The State Of Florida
Type of PropertySpecial Purpose
Type of BusinessConsumer Service, Special Purpose
Price$5,120,000
Property StatusActive
MLS NumberA11955052
Property Size54842
Lot Size54842
Folio Number00-00-00-12417-000
Days on Market53

Detailed 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.

Internet

Property added to favorites
Add to Favorite
Mortgage calculator
More Information
Loan
Mortgage
Expert
Loan Calculator
Loan amount
Loan term
Annual interest rate
First payment date
Amortization period
Calculate
Hide
Address Information
StateFlorida
CityOther City – In The State Of Florida
CountyOther Florida County
Zip Code32055
Address345 WEST DUVAL STREET
Financial Information
Price$5,120,000
Price per Foot$0
Folio Number00-00-00-12417-000
Full Descriptions
Detailed DescriptionThe 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.
Property parameters
Living Area54842
Lot Size54842
Total Acreage0.000
Maximum Leasable Size54842
Type of PropertySpecial Purpose
Type of BusinessConsumer Service, Special Purpose
Street DirectionWest
Listed withBerlin Group