1801 Long BEach Blvd,, Long Beach, CA 90806

Austin Longwell of West Shores Realty is pleased to present this once in a lifetime opportunity to purchase an automated Car Wash portfolio. There are currently two Car Wash locations for sale individually or as a portfolio in Long Beach and Lynwood. Both properties are fully entitled with approved plans and permits to develop an express automated car wash. The properties can be sold as fee simple real estate with business and plans or will be sold as a NNN leaseback generating over a $25,000/month for a passive buyer. General Terms of the NNN Leaseback would be a 20 year Absolute NNN Lease with 10% increases every 5 years and (2) 10 year option periods to extend the lease. There is also an option to purchase this property as a land development opportunity and build 100+ unit multi family project (buyer to verify with city). This Long Beach Car Wash will feature a proposed 4,850 sq ft automated carwash building on a 28,091 sq ft corner lot. There are a proposed 15 vacuum sites, and parking and office space for employees as well. The strategic location is adjacent the the Metro Blue line stop on a major corner of PCH & Long Beach provide endless opportunities in an area poised for growth.