13020 Us-1 Hwy, Sebastian, FL 32958

3,808 SF Specialty Building Offered at $3,500,000 at a 11.87% Cap Rate in Sebastian, FL 32958

Asking Price $3,500,000

Property Type
Specialty
Square Feet
3,808 SF
Price / Square Foot
$919

Listing Contacts

  • Property Info

Property Overview

Jeremiah Baron & Co. is pleased to present an exceptional opportunity to own a turn-key car wash facility located on the busy roadway of US Highway 1 in Sebastian, Florida. Offering is for a full turnkey operation, including land, building, equipment, operating business, supplies and branding. Post renovation, full tunnel operation restarted in November 2023.
The recently rebranded and upgraded car wash includes a fully renovated express tunnel that is 65 feet long (with the potential to expand up to 70 feet). This tunnel also houses 100 feet of equipment, contributing to its enhanced efficiency. The tunnel comprises entirely new Sonnys wash equipment and includes a two-year-old Ryko 5 brush automatic, an expansion bay, a state-of-the-art central vacuum system with multiple stations, and a dedicated control room. With this new equipment in place, the tunnel can accommodate a 50% increase in wash traffic compared to the previous system. The total cost of these capital improvements amounts to approximately $1,000,000.
Google Ads implementation assists in additional customer draw, along with monthly membership.
Additionally with all its kiosks the business is now 90% remote and allows owner accessibility to real time revenue analytics of coins, cash, and credit card transactions plus other features such as web portals for setting up promotions, memberships, etc.
Located directly across the street from Walmart, and in close proximity to other National brands such as PNC Bank, Enterprise Rent-A-Car, Taco Bell, The Home Depot, Publix, and many others.

Property Details

Class
B
Year Built/Renovated
1998/2019
Stories
1
Property Subtype
Car Wash
Lot Size (sq. ft)
34,412 SF

Highlights

  • Fully renovated express tunnel that is 65 feet long (with the potential to expand up to 70 feet).
  • Tunnel also houses 100 feet of equipment, contributing to its enhanced efficiency.
  • Tunnel comprises entirely new Sonnys wash equipment and includes a two-year-old Ryko 5 brush automatic, an expansion bay.
  • State-of-the-art central vacuum system with multiple stations, and a dedicated control room.
  • With this new equipment in place, the tunnel can accommodate a 50% increase in wash traffic compared to the previous system.
  • Google Ads implementation assists in additional customer draw, along with monthly membership.

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