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Car Wash with Absolute NNN Lease
New
For Sale
$7,611,000

11052 E Colonial Dr, Orlando, FL 32817

The absolute NNN lease has 18.5 years remaining and provides 2% annual rent increases.

Property Size4,614 SF
Days on Market2

Property Features for 11052 E Colonial Dr

General Information

Standard status Active
Size 4,614 SF
Property subtype Retail
Zoning PD: Planned Development

Site & Location

Traffic Count 81,200 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 4,614 SF
Year Built 2025
Tenancy Single
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Aron Cline · License #01904371
Source: Srsre
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Global Company

Investment Insights

Based on property information with market context.

This car wash in Orlando is leased to El Car Wash under an absolute NNN agreement. The original lease term is 20 years, with 18.5 years remaining; rent increases 2% annually during the initial term and at the start of each option period. The property was built in 2025 and is zoned PD: Planned Development. The lease assigns no landlord responsibilities.

The site is at the signalized intersection of E. Colonial Drive (State Road 50) and Rouse Road, where the two roads carry 60,500 and 20,700 vehicles per day, respectively. State Highway 408 is nearby, with reported traffic of 158,500 vehicles per day. Waterford Lakes Town Center and the University of Central Florida are also nearby. The surrounding trade area includes national and regional retailers, established residential neighborhoods, and apartment communities.

Key Highlights

  • Absolute NNN lease with no landlord responsibilities
  • 18.5 years remaining on the original 20‑year lease term
  • 2% annual rent increases during the initial term and at the start of each option period

Property Analytics

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Current Use

Johnny Clean Car ... Car Wash

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

81,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby
293k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 59% Shops & Services 12% Home Improvements & Furnishings 10% Dining 10%
Walmart Superstores
174,084 visits/mo 0.4 miles
At Home Home Improvements & Furnishings
23,232 visits/mo 0.2 miles
Bravo Supermarkets Groceries
16,254 visits/mo 0.5 miles
7-Eleven Shops & Services
16,122 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
10,386 visits/mo 0.5 miles

Demographics for 32817, FL

40,376
Population
13,747
Households
2.9
Avg Household Size
29
Median Age
36%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,451
Density / Sq Mi
$78,546
Median Household Income
$34,316
Median Earnings
$1,741
Median Rent
$327,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Car wash - The absolute NNN lease has 18.5 years remaining and provides 2% annual rent increases.
Where is this car wash located?
The property is located at 11052 E Colonial Dr Orlando, FL.
What is the asking price?
The asking price for this property is $7,611,000.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; 18.5 years remaining on the original 20‑year lease term; 2% annual rent increases during the initial term and at the start of each option period
More about this property
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