Marcus & Millichap is pleased to present the opportunity to acquire Car Wash On 5th, an established full-service car wash and professional detailing business, along with the underlying fee simple real estate at 505 Cortez Road West in Bradenton, Florida. The ±3,910-square-foot facility sits on a ±0.53-acre signalized corner lot and generates $359,787 in annual net income at a 10.2% EBITDA yield on the $3,534,253 acquisition price. The business operates multiple automotive revenue streams with very low labor requirements, supporting absentee or semi-absentee ownership. The acquisition may qualify for 100% bonus depreciation, providing significant tax advantages for qualified buyers.
The property occupies a high-visibility corner along Cortez Road West (State Road 684, ±41,234 VPD), one of Bradenton's primary commercial corridors, with immediate proximity to Cortez Plaza (Sprouts, Chick-fil-A, PetSmart), Cortez East Shopping Center (Ross, Five Below, Michaels), and Centre Point Commons (Lowe's, Dick's, Best Buy). The 5-mile trade area holds 200,443 residents with an average household income of $93,833, and nearby institutions include State College of Florida, Manatee-Sarasota (11,000+ enrollment), Manatee Memorial Hospital (295 beds), and HCA Florida Blake Hospital (383 beds). The property sits within the North Port-Bradenton-Sarasota MSA, home to 940,822 residents with an average household income of $135,139, one of Florida's fastest-growing commercial and residential markets with direct connectivity via Interstate 75 and U.S. Highway 41.