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Express Car Wash with NNN Lease

4630 53rd Ave East, Bradenton, FL 34203

For Sale
Contact for pricing

The lease provides four extension options and annual rent increases throughout its initial term.

Property SizeContact for details
Days on Market27

Property Features for 4630 53rd Ave East

General Information

Standard status Active
Property subtype Retail, Special Purpose

Automotive

Automotive Uses car wash
Car Wash Format express tunnel

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Coastal Express Car Wash
Real Estate Included Yes

Building Details

Tenancy Single
Listing Agency: Northmarq
Listed By: Jim Ceresnak · License NC #325565
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 12 at 6:16AM

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 Northmarq

Rey
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Investment Insights

Based on property information with market context.

This express car wash is leased to Coastal Express Car Wash under an absolute NNN agreement. The original 20-year lease has more than 16 years remaining in its base term, with annual rent increases of 1.50%. The tenant also holds four extension options, each covering five years.

Key Highlights

  • Express car wash leased to Coastal Express Car Wash
  • Absolute NNN lease with more than 16 years left in the base term
  • 1.50% annual rent increases during the base term

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coastal Express Car ... Car Wash

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Dental Office Big Box & Wholesale Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
256k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 32% Dining 24% Home Improvements & Furnishings 3%
Wawa Shops & Services
50,156 visits/mo 0.2 miles
Publix Groceries
49,492 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
28,693 visits/mo 0.2 miles
Aldi Groceries
20,593 visits/mo 0.2 miles
Starbucks Dining
15,787 visits/mo 0.4 miles

Demographics for 34203, FL

39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Car wash - The lease provides four extension options and annual rent increases throughout its initial term.
Where is this car wash located?
The property is located at 4630 53rd Ave East Bradenton, FL.
What is the asking price?
The asking price for this property is $5,804,328.
What are key features of this property?
This property features: Express car wash leased to Coastal Express Car Wash; Absolute NNN lease with more than 16 years left in the base term; 1.50% annual rent increases during the base term
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