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31859522
31859521

144 East Palmdale Boulevard, Palmdale, CA 93550

EC
CA CA 01811246
Kidder Matthews
Listed by Kidder Matthews
$1,500,000
46 days on market
Updated 46 days ago

Express Car Wash Single-Tenant Investment Opportunity

Details
APN 3009-005-036
Property Type Retail, Special Purpose
Sub Type Car Wash
Square Footage 5,359
Units 1
Cap Rate 6.50%
NOI $123,600
Year Built 1994
Stories 1
Lot Size (SqFt) 28,760
Zoning CPD
Ground Lease No
Sale Condition Bank owned foreclosure

REO Express Car wash Opportunity

Marketing description

Industrial, Mixed Use, Office, Retail, Special Purpose • 5,359 SF • 11/19/2025

Investment highlights

Kidder Mathews is pleased to present the sale of a lender-owned express car wash located at 144 E Palmdale Blvd, Palmdale, CA 93550.

This lender-owned express car wash offers an exceptional opportunity to acquire a turnkey, income-producing asset in the growing city of Palmdale, California. Situated on a 0.66-acre corner lot along highly trafficked East Palmdale Boulevard, the property features a modern ±5,400 SF facility with a ±100 foot wash tunnel, 10 vacuum stations, & ample customer parking.

Originally built in 1994 and recently upgraded with over $1,000,000 in improvements from a previous owner (buyer to verify condition and functionality of the improvements & equipment), the car wash has been converted to a high-efficiency express model . The facility is fully equipped with updated wash systems and operational infrastructure, offering both investors and operators immediate cash flow and significant growth potential. Call Agent for current Tenancy information.

Zoned CPD (Commercial Planned Development), the site allows for continued car wash operations or potential redevelopment for other commercial uses. Its prime location provides excellent visibility, access, & proximity to major retailers, automotive service centers, & residential neighborhoods

Listing Contacts

EC
CA CA 01811246
Kidder Matthews
Listed by Kidder Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$123,600.00
$10,300.00/mo

Valuation Metrics

0
DSCR
8.24%
Cap Rate
8.24%
ROI

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Additional Information

Name
Elizabeth Clark
License
CA 01811246
Brokerage
Kidder Mathews
Brokerage Phone
3107407283
Title
Senior Vice President
Brokerage Address
5 Park Plaza
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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