2810 E Imperial Hwy, Lynwood, CA 90262
- $6,500,000
- List Price
- $6,500,000
- Status
- ACTIVE
- MLS#
- SB25172268
- Lot Size
- 18,684
- Acres
- 0.43
- Lot Location
- 0-1 Unit/Acre, Corner Lot, Landscaped, Near Public Transit
- Days on Market
- 361
- Property Type
- Commercial
- Property Sub Type
- Business
Property Description
We are pleased to offer the sale of The Lynwood Carwash Express located at 2810 E Imperial Hwy, Lynwood, Ca 90262 The sale includes the 4,760 Sq Ft new construction express car wash on a 37,356 Sq Ft lot. This 100% occupied single tenant absolute NNN lease provides a 5.5% Cap Rate with a 20 year lease and (3) 10 year option periods providing stable cash flow for years to come. There are rental increases of 10% every 5 years built into the lease with 0 landlord responsibility. The property is positioned on the corner of Imperial Hwy and Fernwood with major access and visibility to the 105 Fwy and the Long Beach Blvd Metro station making this an ideal location for business visibility. Can also be purchased as a fee simple with the business licensing and approved construction plans, or can be purchased as a raw land development deal. There is another commercial car wash for sale from the same company at 1801 Long Beach Blvd making this an incredible opportunity to purchase as a portfolio or car washes.
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Additional Information
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $360,000
Listing courtesy of Listing Agent: Austin Longwell (ALEstateInvestments@gmail.com) from Listing Office: West Shores Realty, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.