300 E 18th St - Car Washes FOR SALE


Antioch, CA 94509- Pittsburg/Antioch
$1,800,000 USD
650-787-1535
300 E 18th St, Antioch, CA for Sale
$1,800,000 USD
Car Washes - FOR SALE
1/2
null | Request Cap Rate

300 E 18th St
Antioch, CA 94509
Pittsburg/Antioch


OVERVIEW

Business & Real Estate Included. NO SELLER FINANCING Lee & Associates is pleased to present the E 18th Street car wash in Antioch — offered **fee simple** at $1,800,000, reduced from $2,500,000. Unlike a leasehold deal, the price includes the land and building, so the buyer owns the real estate. The going-in cap rate is **9.5%** on $171,230 of 2025 adjusted NOI, but the headline understates the asset. Roughly **$1.4M–$1.5M of the price is owned real estate** at a conservative ~5% cap, while the business is priced at only ~$300,000 — a ~32% cap on its own cash flow. In other words, a buyer acquires a hard real-estate floor plus a business at a fraction of the total. The 2020 acquisition price was $2,000,000, further supporting the real-estate value beneath the reduced ask. 2025 also carried a one-time drag: a **non-recurring equipment expense of $231,154** sits in the year. Normalized for that event, in-place cash flow steps up meaningfully — and 2025 revenue still grew **30.7%**. The site serves dense central-Antioch neighborhoods with strong drive-by traffic. The fee-simple parcel is **SBA 504/7(a) eligible**. The seller is motivated and focused on a qualified buyer able to close cleanly. A full offering memorandum is available on request. *This location is also available alongside two other car washes in Antioch and Galt, which can be purchased separately or together.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$544 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

TRIPLE CROWN CAR WASH

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C-2, Antioch

APN/PARCEL ID

068-511-013-2

ASK ABOUT THIS PROPERTY

Alex PeckLee & Associates Commercial Real Estate ServiceMore Info
650-787-1535

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Alex PeckLee & Associates Commercial Real Estate ServiceMore Info
650-787-1535

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