23156 Los Alisos Blvd - Car Washes FOR SALE


Mission Viejo, CA 92691
$3,500,000 USD
415-378-5464
23156 Los Alisos Blvd, Mission Viejo, CA for Sale
$3,500,000 USD
Car Washes - FOR SALE
1/33
null | Request Cap Rate

23156 Los Alisos Blvd
Mission Viejo, CA 92691


HIGHLIGHTS

  • Business-only sale: Fee interest in the real estate is not included
  • Full-service car wash operating on a ±1-acre outparcel within a high-traffic shopping center
  • Anchored by 24 Hour Fitness and Mission Ranch Markets, ensuring steady traffic
  • Long-term lease in place through March 2053 with monthly base rent of $22,000, providing 28 years of remaining term
  • 110-foot tunnel with new 100-foot Velocity Systems conveyor
  • Over $330,000 in recent upgrades

OVERVIEW

This offering represents the sale of a fully operational, full-service car wash business not the underlying real estate. The business operates from a 1-acre parcel located on the outparcel of a thriving Mission Viejo shopping center anchored by 24 Hour Fitness and Mission Ranch Markets. With excellent exposure to 29,600 vehicles per day along Los Alisos Boulevard, the site offers built-in demand and exceptional drive-by visibility. The facility includes a 110-foot car wash tunnel with a newly installed 100-foot Velocity Systems conveyor. The business has undergone over $330,000 in recent capital improvements, including: Advanced water treatment systems (RO and water reclaim), Upgraded POS and controller systems, 20-camera HD security system, New vacuums, canopy, LED lighting, menu boards, and seating, Restroom remodel, coffee station, exterior painting, signage, and sound system. The lease was recently extended through March 10, 2053, offering a rare 28 years of term remaining. The current monthly rent is $22,000, with annual escalations based on the greater of 3% or the CPI for the Los Angeles-Long Beach-Irvine area, capped at 6%. With strong local demographics, a long lease term, and modernized systems, this is a turnkey business acquisition for an experienced operator or investor looking to secure a cash-flowing asset without the capital commitment of a real estate purchase.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,750 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mission Viejo Auto Spa

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

LKC3

APN/PARCEL ID

809-571-05

ASK ABOUT THIS PROPERTY

Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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Oron MaherMaher Commercial RealtyMore Info
415-378-5464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.