Gainesville, FL - Whistle Express Car Wash
$4,896,000
3010 SW Archer Rd, Gainesville, FL 32608
5.75
Cap Rate
281,541
NOI
Details:
Description:
• Whistle Express Car Wash Corporate guaranteed lease
• Over 17 years remaining with 4 (5-year) option periods to extend
• The lease features 2% annual increases throughout the initial term and option periods beginning in 2029
• The subject property is located less than a mile from the Butler shopping centers, a shopping complex with over 1.7 million SF of retail and major tenants including DICK’s, Total Wine, Target, Trader Joe’s, PetSmart, Lowe’s, Chick-fil-A, CAVA, Orangetheory, Crumbl, and many others
• Located approximately 1 mile from the University of Florida, the fifth largest single-campus university in the United States with over 50,000 students
• The asset is located near the intersection of SW Archer Rd and Highway 121 which combine to average over 88,500 vehicles passing by daily
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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