• Year Built: 2008
402 NW 39th Ave is aretail property for lease in Gainesville, FL.
Great investment today at 9.5% cap rate. 2013 increase in prices will make it up to 11% by year end, even with a management fee included. Extremely well maintained, 24-hr automatic car wash requires little on site management. Best quality and most recent equipment by Mark VIII, 2 automatic bays, GTO3000 with dryers, 4 self serve bays and 6 vacuum stations. Credit card terminals with camera. Excellent location in Gainesville on SR 222. City restricts the construction of new car washes which menas no competition in the area. Growth potential is very high and is another upside. Small office/studio included upstairs can be offered in exchange for night on site presence if desire. Rare and exceptional opportunity.
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