23156 LOS ALISOS BOULEVARD, MISSION VIEJO CA 92691
Property Description
This offering represents the sale of a fully operational, full-service car wash business not the underlying real estate. The business operates from a 1-acre parcel located on the outparcel of a thriving Mission Viejo shopping center anchored by 24 Hour Fitness and Mission Ranch Markets. With excellent exposure to 29,600 vehicles per day along Los Alisos Boulevard, the site offers built-in demand and exceptional drive-by visibility. The facility includes a 110-foot car wash tunnel with a newly installed 100-foot Velocity Systems conveyor. The business has undergone over $330,000 in recent capital improvements, including: Advanced water treatment systems (RO and water reclaim), Upgraded POS and controller systems, 20-camera HD security system, New vacuums, canopy, LED lighting, menu boards, and seating, Restroom remodel, coffee station, exterior painting, signage, and sound system. The lease was recently extended through March 10, 2053, offering a rare 28 years of term remaining. The current monthly rent is $22,000, with annual escalations based on the greater of 3% or the CPI for the Los Angeles-Long Beach-Irvine area, capped at 6%. With strong local demographics, a long lease term, and modernized systems, this is a turnkey business acquisition for an experienced operator or investor looking to secure a cash-flowing asset without the capital commitment of a real estate purchase.
Listing Courtesy of Oron Maher, Maher Commercial Realty
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