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Pace, FL - Tidal Wave Auto Spa

$6,900,000

4976 US Hwy 90, Pace, FL 32571

Active
Last Updated: 10/06/2026

6

Cap Rate

414,030

NOI

Details:
Cap Rate:    6%
NOI:    $414,030
Building Size:    3,722 sqft
Lot Area:    1.21 acres
Occupancy:    100%
Year Built:    2019
Floors:    1
Description:

• 14.7 term years remaining providing investors with long term income backed by a corporate signed lease
• Featuring an Absolute NNN lease making the tenant responsible for aspects of the premises, providing a passive, low-management investment
• 5 (5-Year) options to extend giving extensive renewal structure and potential for a long term tenant occupancy beyond the initial lease term
• Tidal Wave has expanded to 332 locations across 30 states, strengthening the credit profile and national presence of the tenant

• Located across from a major regional shopping center and near national retailers including Target, Walmart Supercenter, PetSmart, The Home Depot, Dick’s Sporting Goods and Ulta Beauty, and many more
• Fronting U.S. Highway 90, carrying approximately 43,500 VPD, providing strong visibility and exposure
• Approximately 70,500 residents and 26,900 households are located within 5-miles

Map:
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