7520 W Mcnab Rd - Car Washes FOR SALE


North Lauderdale, FL 33068
$3,200,000 USD
617-347-9355
7520 W Mcnab Rd, North Lauderdale, FL for Sale
$3,200,000 USD
Car Washes - FOR SALE
1/4
null | 10% Cap Rate

7520 W Mcnab Rd
North Lauderdale, FL 33068


HIGHLIGHTS

  • Profitable Self-Service Car Wash | Potential Redevelopment

OVERVIEW

• Owner/User Opportunity: Acquire the business, building, and underlying real estate in one of South Florida’s most densely populated suburban markets. The facility is a revenue-generating operation with a clear path to NOI growth through modest capital improvements and active marketing — neither of which are currently being utilized. • Value-Add Platform: Currently operating with minimal marketing spend and full reliance on drive-by traffic alone. The addition of a supplemental in-bay automatic unit — all of which are accommodated by the existing site plan — would materially increase revenue per vehicle and total throughput • 11-Bay Self-Service Facility: One of the larger self-service configurations in Broward County, with 11 bays generating revenue across the full 24-hour cycle. The breadth of the self-service platform captures demand from a wide range of customer profiles including commuters, tradespeople, boat owners, and fleet operators common to the surrounding workforce submarket. • Qualifies for Bonus Depreciation: Car wash assets qualify for accelerated federal depreciation, allowing buyers to write off the majority of the acquisition cost in year one — an exceptional tax advantage for high-net-worth investors and owner-operators seeking to shelter income at closing. • A-Class Real Estate on a Broward County Primary Arterial: McNab Road is one of the principal east-west thoroughfares in Broward County, connecting US-441 to Dixie Highway and beyond. Carrying ±46,000 vehicles per day, this traffic volume rivals the busiest retail corridors in South Florida and creates a continuous, captive customer base for a 24/7 operation with prominent road frontage and direct ingress. • Exceptional Frontage & Site Access: The property sits on McNab Road with full visibility to westbound and eastbound traffic. The site offers clean, efficient ingress and egress with no stacking conflicts — a meaningful operational advantage in a high-density urban environment where site access is often constrained. • Dense, Supply-Constrained Infill Submarket: North Lauderdale is a fully built-out municipality with virtually no remaining vacant land suitable for ground-up car wash development on this corridor. New competition cannot replicate this location. Buyers acquiring here are acquiring a durable, defensible market position. • High-Density Residential Demand Generator: The 3-mile trade area is one of the most densely populated in Broward County, anchored by established single-family and multi-family residential neighborhoods. This household density drives consistent, repeat customer traffic — everyday essential spending that holds up across economic cycles. • Strong Surrounding Retail Ecosystem: The McNab Road corridor at this node benefits from strong co-tenancy including Walmart, Home Depot, Publix, and Winn-Dixie within close proximity. These anchors drive significant secondary traffic past the subject property daily, converting retail visits into car wash customers. • Minimal New Competition: Broward County’s regulatory environment, land scarcity, and permitting complexity create meaningful barriers to new car wash entrants. The subject property’s position — mid-corridor and embedded in an established retail node — insulates it from new tunnel-format competition targeting the same trade area.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$764 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stars and Stripes Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Self Storage, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

M-1

APN/PARCEL ID

49-41-11-18-0016

ASK ABOUT THIS PROPERTY

Colin McGourtyMatthews™More Info
617-347-9355

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Colin McGourtyMatthews™More Info
617-347-9355

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