El Car Wash Express
For Sale
Contact for pricing
15389 Southern Boulevard, West Palm Beach, FL 33470
The 2023 facility operates under an absolute NNN lease with corporate-level backing and scheduled annual rent increases.
Property Size4,843 SF
Price / SF$1,570
Days on Market15
Property Features for 15389 Southern Boulevard
General Information
Standard status
Active
Size
4,843 SF
Property subtype
Retail, Special Purpose
Zoning
MUPD
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$429,789
Additional Details
Road Access
Yes
Building Details
Year Built
2023
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Colliers - Fort Lauderdale, Florida
Listed By:
Christopher Twist · License #FL
(561) 602-8390
Source:
Crexi
Added: Aug 19
Changed: Sep 1
Last Checked: Sep 1 at 8:29PM
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 4,843-square-foot express car wash was completed in 2023 and is located at 15389 Southern Boulevard in West Palm Beach. The property carries MUPD zoning and is offered as a fee-simple car wash asset.
El Car Wash occupies the site under an absolute triple net lease extending through December 31, 2043. The agreement includes six five-year extension options, with rent increases of 2 percent each January 1 during the initial term and option periods. The lease is corporately guaranteed, rent is payable without offset, and the landlord has no maintenance, repair, or capital obligations. The property is positioned within a residential growth area that includes the Westlake and Arden master-planned communities, which are entitled for more than 6,500 homes.
El Car Wash occupies the site under an absolute triple net lease extending through December 31, 2043. The agreement includes six five-year extension options, with rent increases of 2 percent each January 1 during the initial term and option periods. The lease is corporately guaranteed, rent is payable without offset, and the landlord has no maintenance, repair, or capital obligations. The property is positioned within a residential growth area that includes the Westlake and Arden master-planned communities, which are entitled for more than 6,500 homes.
Key Highlights
- 4,843‑square‑foot express car wash completed in 2023
- Absolute triple net lease runs through December 31, 2043
- Six five‑year extension options follow the initial lease term
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 66%
Dining 20%
Shops & Services 14%
Publix
Groceries
41,074 visits/mo
0.5 miles
ABC Fine Wine & Spirits
Groceries
15,379 visits/mo
0.5 miles
Wendy's
Dining
13,966 visits/mo
0.4 miles
7-Eleven
Shops & Services
12,380 visits/mo
0.3 miles
Sal's Italian Restaurant
Dining
2,025 visits/mo
0.4 miles
Demographics for 33470, FL
30,308
Population
11,309
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
205.1 sq mi
ZIP Area
148
Density / Sq Mi
$116,758
Median Household Income
$50,438
Median Earnings
$2,576
Median Rent
$532,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - The 2023 facility operates under an absolute NNN lease with corporate-level backing and scheduled annual rent increases.
Where is this car wash located?
The property is located at 15389 Southern Boulevard West Palm Beach, FL.
What is the asking price?
The asking price for this property is $7,606,885.
What are key features of this property?
This property features: 4,843‑square‑foot express car wash completed in 2023; Absolute triple net lease runs through December 31, 2043; Six five‑year extension options follow the initial lease term
