2781 N Federal Hwy - Car Washes FOR SALE


Fort Lauderdale, FL 33306- Coral Shores
$6,900,000 USD
954-320-6702
2781 N Federal Hwy, Fort Lauderdale, FL for Sale
$6,900,000 USD
Car Washes - FOR SALE
1/4
null | 9.4% Cap Rate

2781 N Federal Hwy
Fort Lauderdale, FL 33306
Coral Shores


HIGHLIGHTS

  • Core Investment, full-service car wash operation in-place
  • Heavy daytime traffic/ 53,000 AADT

OVERVIEW

eXp Commercial, LLC is pleased to present the opportunity to acquire Majestic Car Wash at 2781 N Federal Highway, Fort Lauderdale, FL. This core asset combines a profitable, cash-flowing business with trophy real estate in one of Fort Lauderdale’s most visible corridors. The lot consists of 0.57 acres along U.S. 1, N Federal Hwy, drawing more than 50,000 vehicles per day between Coral Ridge Mall and River Market. Currently operating as a full-service car wash generating over $700,000 in EBITDA, the site offers both strong in-place income and meaningful long-term redevelopment potential. Beyond the operating business, the property’s zoning and demographics create a natural canvas for future medical, retail, or mixed-use development. The affluent Coral Ridge Country Club Estates neighborhood, with its higher median age and income, underscores unmet demand for modern professional and consumer services along this corridor. This is a rare chance to acquire both profitable business and trophy real estate with immediate tax advantages, in one of Fort Lauderdale’s most desirable submarkets. For further information regarding this opportunity contact: Alan Grobman | 954.320.6702 | alan.grobman@expcommercial.com

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$1,505 USD /SF

CAP RATE

9.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

B-1

APN/PARCEL ID

49-42-25-05-0170

ASK ABOUT THIS PROPERTY

Alan GrobmaneXp CommercialMore Info
954-320-6702

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Alan GrobmaneXp CommercialMore Info
954-320-6702

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