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3090 Military Trl Palm Springs, FL 33461

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For Sale
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High-performing car wash & retail center.

Property size:
18,790 SF

Property Features for 3090 Military Trl

General Information

Property type
Automotive properties
Square Feet
18,790 SF
Lot Size
90,169 SF

Building Details

Year Built/Renovated
2006/2024
Buildings
2

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Listing Contact
Salim Bhaidani
Salim Bhaidani

Listing Agency: Marcus & Millichap Fort Worth Listing Agent: Salim Bhaidani

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a thriving, turn-key express car wash and retail center in Lake Worth Beach, Florida. The property, situated on a 2.07-acre lot, boasts 18,763 square feet of rentable space across two buildings, constructed in 2006 and extensively renovated in 2024. The car wash features 21 new vacuum stations and updated equipment, ensuring high operational efficiency and customer satisfaction. A robust membership program contributes to strong financial performance, with net operating income up 51% in the last six months. The accompanying retail building is 100% occupied, providing consistent income streams from multiple tenants. Located on South Military Trail, a high-traffic area with over 43,000 vehicles daily, the property benefits from excellent visibility and a large customer base within a 5-mile radius (approx. 345,000 residents with an average household income near $80,000). The asking price is $4,900,000. This owner-user opportunity offers immediate cash flow and significant long-term growth potential in a dynamic market. The property's strategic location in Palm Beach County, known for its robust economy and attractive real estate market, further enhances its investment appeal. The combination of a high-performing car wash and a fully occupied retail center provides a diversified income stream, mitigating risk and ensuring consistent profitability. The fee simple ownership structure allows for significant tax savings via accelerated bonus depreciation.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palm Springs
County
Palm Beach
State
Florida
Longitude
-80.0926014
Latitude
26.6211772

FAQs

What type of property is this?
Automotive property - High-performing car wash & retail center.
Where is this automotive property located?
The property is located at 3090 Military Trl Palm Springs, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Prime location on S Military Trail in Lake Worth Beach, FL, with over 43,000 vehicles daily.; Recently updated car wash and retail buildings with new vacuums and equipment.; Turnkey operation including business and real estate.
(817) 932-6136 Call to check price and availability
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