Active

$6,995,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 22217 sq ft
Overview
  • ID: MFRL4963701
  • Bedrooms:
  • Bathrooms: 0
  • Size: 22217 sq ft
Property Details
Remarks
Offered for sale is the Spring Hill, FL Family Car Wash & Multi-Tenant Retail Strip, a unique opportunity to acquire both the real estate and the established Family Car Wash business. This offering presents investors and owner-operators with the opportunity to acquire an established operating business alongside an income-producing retail center, creating multiple revenue streams and long-term investment potential in one of Hernando County's most active retail corridors. The property consists of a 22,217-square-foot retail center and the Family Car Wash business situated on approximately 2.60 acres. Originally constructed in 1988, the asset features a complementary mix of retail tenants that generate recurring rental income while the established Family Car Wash business provides an additional operating revenue component. The property also offers excellent visibility, prominent monument signage, convenient ingress and egress, and exposure to more than 40,000 VPD providing exceptional accessibility and long-term stability. Strategically positioned along Commercial Way (US-19), the property benefits from continued residential growth, strong consumer demographics, and a concentration of national retailers and service-oriented businesses. This offering provides the rare opportunity to acquire a well-established operating business together with an income-producing commercial real estate asset, offering both immediate cash flow and future upside through business operations, tenant income, and potential operational or leasing enhancements. To protect the confidentiality of the operating business, detailed financial information, business records, and operational data will be made available only to qualified purchasers following execution of a (NDA) and verification of financial capability. We encourage interested parties to contact the listing team for additional information regarding this exclusive acquisition opportunity.
Financial Considerations
Price:
$6,995,000
HOA Fee:
N/A
Tax Amount:
$22889.62
Price per SqFt:
$314.85
Tax Legal Description:
2.5 AC MOL IN NW1/4 OF NW1/4 LYING S & E OF HWY 19 DES IN OR 688 PG 40
Exterior Features
Lot Size:
111165
Lot Features:
Corner Lot, Landscaped, Oversized Lot, Shopping Center
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Ground Level
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1988
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1108 COMMERCIAL WAY
Contact a Professional
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  • Communication and Transparency
  • Skilled Negotiation
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  • After-Sale Support
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