El Car Wash - Miami, FL (Biscayne)

Colliers is pleased to present El Car Wash, one of the highest-producing express car wash locations in the United States. Located on Biscayne Boulevard in Miami, the property benefits from exceptional unit-level performance, generating 4x rent coverage, a dominant operator, strong demographics, and an irreplaceable corridor location. The investment is secured by an absolute NNN lease with 19 years remaining, six 5-year renewal options, 2% annual rent increases throughout the entire lease term and options, a corporate guaranty, and no landlord maintenance or capital responsibilities. Built in 2021, the property offers modern improvements, minimal deferred maintenance, and potential 100% bonus depreciation benefits.

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