For sale is this car wash business newly renovated in 2025 including a new reconfigured site plan, all new site work, new landscaping, full building remodel, brand new Sonny's car wash equipment package, all new site and tunnel signage, new DRB pay terminals (2) and new DRB Tunnelwatch equipment systems. Total renovation costs of $2,875,600. High traffic intersection. First car wash off the bridge from Palm Beach Island. This car wash is on a long-term (40+ years) land lease at $187,500/per year plus taxes, with 2% increases every year. Land is also available for sale for an additional $3,100,000 (5.9% cap rate on the land lease) Owner financing available for business and or land purchase.
SUMMARY:
Business For Sale at $3,450,000 (subject to ground lease at $187,500/yr NNN)
Land For Sale at $3,100,00 (With the land purchase there would be no ground lease)
Total For Land & Business is $6,550,000 (Buyer may choose to buy just the Business or both the Business and the Land)
[Business and land broken up for buyers who are not interested in allocating assets into land holdings]