El Car Wash in Miami | One of the Highest Producing Car Wash Sites in the U.S. | 5.25% Cap Rate

Colliers is proud to present one of the highest-producing express car wash sites in the United States: El Car Wash at 11375 Biscayne Boulevard in Miami, Florida. The store earns $4 for every $1 of rent it pays, with rent coverage of 4 times on unit revenue, running at a multiple of the national express wash average, roughly double the coverage at which car wash leases are considered healthy. Performance of that caliber does not happen by accident. It is the product of a dominant operator, a dense, affluent trade area, and a corridor position that cannot be replicated.

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