3720 Fiske Blvd Rockledge, FL 32955
Exceptional investment opportunity: This thriving El Car Wash, located at 3720 S Fiske Blvd, Rockledge, FL 32955, is offered at $6,800,000. The property boasts a 1,500 square foot building situated on a 0.75-acre lot, currently operating under a 20-year triple net (NNN) lease with a strong annual net operating income (NOI) of $425,000 and a 6.25% cap rate. Built in 2024, the car wash enjoys 100% occupancy and benefits from a strategic location on a Lowe's outparcel, a top 14% performer nationally in sales and visits (approx. 1 million annually, per Placer.ai). The high-traffic area sees over 26,000 vehicles daily on Fiske Blvd, 16,000 on Barnes Blvd, and 73,000 on I-95. The surrounding area is densely populated (over 33,000 within a three-mile radius), with a growing population (over 1% annual growth) and high average household incomes (over $104,000 within one mile, $97,000 within five miles). This prime location is also convenient to Orlando and Cape Canaveral, and near other national tenants such as Discount Tire, CVS, Walgreens, Dunkin', 7-Eleven, and Ruby Tuesday. The lease includes annual rent increases of 2%, ensuring consistent growth and a secure investment for the next two decades. This is a rare opportunity to acquire a high-performing, well-located car wash with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.