3061 17th Ter, Oakland Park, FL 33311-1503

This exceptional investment opportunity presents a 4,590 square foot, Class B car wash in Oakland Park, Florida. Currently operating under a 20-year Absolute NNN lease with a credit-rated, corporate-guaranteed tenant, Bluewave Car Wash (to be rebranded to El Car Wash within 6-12 months), this property boasts a 6.25% cap rate and a $425,000 NOI. The lease includes 2% annual rent bumps, six 5-year renewal options, and approximately $10.3 million in guaranteed income over the initial term. Situated on a 1.19-acre lot with 29 parking spaces, the property enjoys excellent visibility and accessibility, located directly across from a Home Depot-anchored shopping center and near I-95. Built in 2009 and renovated in 2025, this single-unit building benefits from a high-traffic location with 56,000+ vehicles per day on Oakland Park Boulevard. The property is also conveniently located near major roadways, schools, and a hospital, ensuring consistent customer traffic. This sale-leaseback transaction offers a secure, long-term investment with significant upside potential. The tenant, El Car Wash, is the largest and fastest-growing car wash brand in Florida, providing further assurance of consistent revenue generation. The property's strong financials, long-term lease, and prime location make it an ideal addition to any investment portfolio.