Express Car Wash with NNN
For Sale
Contact for pricing
11375 Biscayne Boulevard, Miami, FL 33181
A 2021-built automotive property leased under an absolute triple-net structure with scheduled annual rent increases.
Property Size3,535 SF
Price / SF$3,215
Days on Market15
Property Features for 11375 Biscayne Boulevard
General Information
Standard status
Active
Size
3,535 SF
Property subtype
Retail, Special Purpose
Zoning
BU-2, Business District, Special
Occupancy
100%
Lease Type
NNN
Net Operating Income
$596,700
Building Details
Year Built
2021
Year Renovated
2026
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Colliers - Fort Lauderdale, Florida
(561) 602-8390
Listed By:
Christopher Twist · License #FL
Source:
Crexi
Added: Aug 18
Changed: Aug 31
Last Checked: Aug 31 at 9:25AM
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 Colliers - Fort Lauderdale, Florida
Investment Insights
Based on property information with market context.
This express car wash property was developed in 2021 and is occupied by El Car Wash. The asset is located at 11375 Biscayne Boulevard in Miami and carries BU-2, Business District, Special zoning. Its operating use and purpose-built improvements support a specialized automotive real estate profile.
The lease is structured as absolute NNN, with 19 years remaining on the initial 20-year term and six additional five-year extension options. Contractual rent increases are set at 2% annually throughout the initial term and option periods. The lease includes a corporate guarantee, requires rent payment without offset during casualty or condemnation, and places maintenance, repair, and capital obligations with the tenant rather than the landlord. The property fronts Biscayne Boulevard and U.S. Highway 1.
The lease is structured as absolute NNN, with 19 years remaining on the initial 20-year term and six additional five-year extension options. Contractual rent increases are set at 2% annually throughout the initial term and option periods. The lease includes a corporate guarantee, requires rent payment without offset during casualty or condemnation, and places maintenance, repair, and capital obligations with the tenant rather than the landlord. The property fronts Biscayne Boulevard and U.S. Highway 1.
Key Highlights
- 2021‑built express car wash occupied by El Car Wash
- Absolute NNN lease with 19 years remaining on the initial 20‑year term
- Six five‑year extension options follow the initial lease term
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17,616
Businesses Nearby
Explore this area
Business Placement
Demographics for 33181, FL
20,955
Population
9,401
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$56,473
Median Household Income
$40,233
Median Earnings
$1,665
Median Rent
$315,200
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - A 2021-built automotive property leased under an absolute triple-net structure with scheduled annual rent increases.
Where is this car wash located?
The property is located at 11375 Biscayne Boulevard Miami, FL.
What is the asking price?
The asking price for this property is $11,365,714.
What are key features of this property?
This property features: 2021‑built express car wash occupied by El Car Wash; Absolute NNN lease with 19 years remaining on the initial 20‑year term; Six five‑year extension options follow the initial lease term
