921 Palm Beach Lakes Blvd - Car Washes FOR SALE


West Palm Beach, FL 33401- North Tamarind
$3,450,000 USD
585-703-3849
921 Palm Beach Lakes Blvd, West Palm Beach, FL for Sale
$3,450,000 USD
Car Washes - FOR SALE
1/27
null | Request Cap Rate

NEW


921 Palm Beach Lakes Blvd
West Palm Beach, FL 33401
North Tamarind


HIGHLIGHTS

  • High Traffic Intersection - First Car Wash from Palm Beach Island

OVERVIEW

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]

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$1,232 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Royal Car Wash, Palm Beach - Renovated 2025

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,560 SF

ZONING

Neighborhood Commercial

APN/PARCEL ID

74-43-43-16-02-027-0080

ASK ABOUT THIS PROPERTY

Danny DanieleDaniele Management & DevelopmentMore Info
585-703-3849

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Danny DanieleDaniele Management & DevelopmentMore Info
585-703-3849

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