Private Indiana-Based Buyer Acquires Mister Car Wash Property In Port Charlotte For $6.012M
12561 South Mccall Road
$6,012,000
Building Size
—
Asset Type
Retail
Closing
Oct 23, 2026
About this deal
AI
A net-leased Mister Car Wash property located at 12561 South McCall Road in Port Charlotte, Florida, has been sold. The property spans 1.47 acres and was built in 2022. It features an absolute triple-net lease with a corporate guarantee, and the transaction was completed for $6,012,000. The buyer is a private Indiana-based 1031 exchange entity who intends to hold the property long-term for cash flow purposes.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,012,000
- Address: 12561 South Mccall Road
- Market: Port Charlotte, FL
- Acres: 1.47
- Brokers: Dominic Sulo & Ryan Nee - Marcus & Millichap
The deal was facilitated by Dominic Sulo and Ryan Nee, both representing Marcus & Millichap in this transaction. Their involvement underscores the collaboration between experienced brokers and the buyer, who utilized a 1031 exchange strategy in the acquisition of the property.
On the Map
$6,012,000
Retail
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93