10705 Biscayne Boulevard, Miami, FL 33161
Turnkey car wash on a corner with daily traffic of 65,000 vehicles or more and facilities upgraded within the past three years.
Property Features for 10705 Biscayne Boulevard
General Information
Site & Location
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The business is located on the busy Biscayne Blvd corridor at the corner of US 1 and 107 St, with daily traffic of 65,000 vehicles or more.
Built in 2023, this is positioned as an easy-to-run operation, with an appointment-only showing for confidentiality.
Key Highlights
- Corner location on US 1 and 107 St with daily traffic of 65,000 vehicles or more
- Facilities upgraded in the last three years to incorporate the Ceramic Pro brand
- Indoor seating with panoramic glass view of the detailing area
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.3k | $20.16 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $38.4k | $19.19 |
| − OpEx | −$11.5k | −$5.76 |
| NOI | $26.9k | $13.43 |
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Location Intelligence
Trade Area within ½ mile
Demographics for 33161, FL
Market
Vacancy Rate% for Retail in Miami, FL