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33687479
33690199

7520 West McNab Road, North Lauderdale, FL 33068

JL
FL SL3510801
Matthews
CM
FL SL3634720
Matthews
AD
FL SL3579687 (FL)
Matthews
Listed by Matthews
$3,000,000
1 day on market
Updated 1 day ago

Stars and Stripes Car Wash

Details
Property Type Retail, Special Purpose
Sub Type Auto Shop, QSR/Fast Food (+1)
Square Footage 2,213
Units 11
NOI $320,000
Tenancy Single
Price per SqFt $1,356
Year Built 2003
Buildings 1
Acreage 1.080
Zoning M-1
Investment Type Owner/User
Ground Lease No

Profitable Self-Service Car Wash | Potential Redevelopment

Investment highlights

• Owner/User Opportunity: Acquire the business, building, and underlying real estate in one of South Florida’s most densely populated suburban markets. The facility is a revenue-generating operation with a clear path to NOI growth through modest capital improvements and active marketing — neither of which are currently being utilized.

• Value-Add Platform: Currently operating with minimal marketing spend and full reliance on drive-by traffic alone. The addition of a supplemental in-bay automatic unit — all of which are accommodated by the existing site plan — would materially increase revenue per vehicle and total throughput.

• 11-Bay Self-Service Facility: One of the larger self-service configurations in Broward County, with 11 bays generating revenue across the full 24-hour cycle. The breadth of the self-service platform captures demand from a wide range of customer profiles including commuters, tradespeople, boat owners, and fleet operators common to the surrounding workforce submarket.

• Qualifies for Bonus Depreciation: Car wash assets qualify for accelerated federal depreciation, allowing buyers to write off the majority of the acquisition cost in year one — an exceptional tax advantage for high-net-worth investors and owner-operators seeking to shelter income at closing.

• A-Class Real Estate on a Broward County Primary Arterial: McNab Road is one of the principal east-west thoroughfares in Broward County, connecting US-441 to Dixie Highway and beyond. Carrying ±46,000 vehicles per day, this traffic volume rivals the busiest retail corridors in South Florida and creates a continuous, captive customer base for a 24/7 operation with prominent road frontage and direct ingress.

• Exceptional Frontage & Site Access: The property sits on McNab Road with full visibility to westbound and eastbound traffic. The site offers clean, efficient ingress and egress with no stacking conflicts — a meaningful operational advantage in a high-density urban environment where site access is often constrained.

• Dense, Supply-Constrained Infill Submarket: North Lauderdale is a fully built-out municipality with virtually no remaining vacant land suitable for ground-up car wash development at this corridor. New competition cannot replicate this location. Buyers acquiring here are acquiring a durable, defensible market position.

• High-Density Residential Demand Generator: The 3-mile trade area is one of the most densely populated in Broward County, anchored by established single-family and multi-family residential neighborhoods. This household density drives consistent, repeat customer traffic — everyday essential spending that holds up across economic cycles.

• Strong Surrounding Retail Ecosystem: The McNab Road corridor at this node benefits from strong co-tenancy including Walmart, Home Depot, Publix, and Winn-Dixie within close proximity. These anchors drive significant secondary traffic past the subject property daily, converting retail visits into car wash customers.

• Minimal New Competition: Broward County’s regulatory environment, land scarcity, and permitting complexity create meaningful barriers to new car wash entrants. The subject property’s position — mid-corridor and embedded in an established retail node — insulates it from new tunnel-format competition targeting the same trade area.

Listing Contacts

JL
FL SL3510801
Matthews
CM
FL SL3634720
Matthews
AD
FL SL3579687 (FL)
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$320,000.00
$26,666.67/mo

Valuation Metrics

0
DSCR
10.67%
Cap Rate
10.67%
ROI

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Jake Lurie
License
SL3510801
Name
Colin McGourty
License
SL3634720
Brokerage
Matthews Real Estate
Brokerage Phone
617 762 0082
Title
Associate
Brokerage Address
1001 Water Street
Name
Andrew Doerr
License
SL3579687 (FL)
Brokerage
3579687
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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