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2901 N Poinciana Blvd, Kissimmee, FL, 34746

Osceola Car Wash
$1,793,200

Key Information

Cap Rate
15%
Tot. SF
4,709
Year Built
2004
Type
Retail
NOI
$268,986

Highlights

  • Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate
  • Self-Serve with Touchless Automatics | High Revenue Wash – Wash consists of 5 self-serve bays & 2 soft touch automatics. Only 1 of the automatics are currently in operation, providing the opportunity to convert the bay, or both bays, to additional self-serves.
  • 20+ Year Operating History | 4.0 Star Google Rating – Current ownership has been operating the wash for 20+ years. Additionally, benefitting from a 4.0 google rating from 660+ customer reviews.
  • Excellent Exposure | High Traffic Counts – Business benefits from strategic positioning along N Poinciana Blvd (24,500+ VPD) and near the intersection of N Poinciana Blvd & W Irlo Bronson Memorial Hwy 192 (51,000+ VPD).
  • Significant Household & Population Growth – The 3-mile population (45,955), is projected to grow over 15% in the next 5 years. Similarly, households within a 3-mile radius (16,667) are projected to grow 16% in the next 5 years.
  • Special Tax Advantage – Under IRS Code Sections 179 these types of properties can qualify for business expense deductions up to 40 percent of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.
  • *Matthews™ does not provide tax, legal or account advice. This is for informational purposes only and is not intended to provide or be relied on for tax, legal or accounting advice

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203