3008 S Congress Ave - Car Washes FOR SALE


Boynton Beach, FL 33426
$7,954,397 USD
332-345-4206
3008 S Congress Ave, Boynton Beach, FL for Sale
$7,954,397 USD
Car Washes - FOR SALE
1/2
null | 6.35% Cap Rate

3008 S Congress Ave
Boynton Beach, FL 33426


HIGHLIGHTS

  • Long Term Absolute Triple Net Lease | The lease features over fourteen (14) years remaining on an absolute triple net (NNN) lease
  • Eligible for 100% Bonus Depreciation
  • Strengthened Zips Brand

OVERVIEW

Surmount is pleased to present the exclusive listing for a Zips Car Wash located at 3008 S. Congress Avenue, Boynton Beach, FL 33426. The site consists of roughly 9,234 rentable square feet of building space on an estimated 1.77-acre parcel of land. This Zips Car Wash is subject to a 15-year Triple Net (NNN) lease, which commenced 5/1/2025. The current annual rent is $505,104 and has scheduled increases of 1.75% annually.

FOR SALE DETAILS

PRICE

$7,954,397 USD

PRICE/SF

$1,723 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zips Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

M1

APN/PARCEL ID

08-43-46-05-09-000-0013

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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Russell WachtlerSurmountMore Info
332-345-4206

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