2810 E Imperial Hwy, Lynwood, CA 90262

WhatsApp Pinterest Facebook Twitter Linkedin Email

CommercialSale Active

2810 E Imperial Hwy

$6,500,000

Overview

Property ID: HZSB25172268

Business
Property Type

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.