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3912 West Florida Avenue
Hemet, CA 92545
Asking Price
Contact for price
Asset Type
Car Wash Retail
Class
Class B
What's Special
Retail | 6.00% CAP | 3,000 SqFt <p><strong>Rare Ground Lease Structure:</strong> 20-year ground lease commenced 4/2026 with four 5-year renewal options. Investor owns the land only while Quick Quack will fund, own, and maintain the future building. At lease expiration, the improvements revert to the landlord. The tenant's significant capital investment demonstrates a long-term commitment to the location.</p><p><strong>Corporate Credit Tenant:</strong> Lease is guaranteed by Quick Quack Car Wash, not a franchisee. Backed by maj
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
