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3008 S Congress Ave - Zips Car Wash 4,617 SF Specialty Building Offered at $11,103,702 CAD at a 6.35% Cap Rate in Boynton Beach, FL 33426
INVESTMENT HIGHLIGHTS
- Long Term Absolute Triple Net Lease | The lease features over fourteen (14) years remaining on an absolute triple net (NNN) lease
- Strengthened Zips Brand
- Eligible for 100% Bonus Depreciation
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Zips Car Wash located at 3008 S. Congress Avenue, Boynton Beach, FL 33426. The site consists of roughly 9,234 rentable square feet of building space on an estimated 1.77-acre parcel of land. This Zips Car Wash is subject to a 15-year Triple Net (NNN) lease, which commenced 5/1/2025. The current annual rent is $505,104 and has scheduled increases of 1.75% annually.
PROPERTY FACTS
| Price | $11,103,702 CAD | Building Class | C |
| Price Per SF | $2,404.96 CAD | Lot Size | 1.77 AC |
| Sale Type | Investment | Building Size | 4,617 SF |
| Cap Rate | 6.35% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2007 |
| Property Subtype | Car Wash | ||
| Zoning | M1 - Industrial District | ||
| Price | $11,103,702 CAD |
| Price Per SF | $2,404.96 CAD |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.77 AC |
| Building Size | 4,617 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Zoning | M1 - Industrial District |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 08-43-46-05-09-000-0013 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,410,694 CAD |
PROPERTY TAXES
Parcel Number
08-43-46-05-09-000-0013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,410,694 CAD
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3008 S Congress Ave - Zips Car Wash
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