Water's Car Wash 3430 SW Martin Hwy 3,528 SF 4-Star Retail Building Palm City, FL 34990 $4,513,408 CAD ($1,279.31 CAD/SF) 5.50% Cap Rate

CBRE’s Net Lease Property Group is pleased to present this absolute NNN 19-year Waters Car Wash ground lease located in one of the nation’s fastest growing markets in South Florida. This lease provides for truly “hands off” management and includes rental increases of 10% every 5 years. The Property is anchored by an extremely busy Wawa (IN TOP 86% PERFORMING STORE IN THE STATE OF FLORIDA PER Placer.ai) and Tractor Supply (IN TOP 87% STORE IN THE ENTIRE COUNTRY PER Placer.ai).
Palm Pike Crossing offers retailers a prime, high visibility position along one of Palm City’s most important east-west commuter corridors, delivering constant exposure to the surrounding customer base with household incomes exceeding $150K and regional traffic moving between Palm City, Stuart, I-95, and the Turnpike. The property benefits from excellent visibility, easy ingress/egress, and access designed for quick, convenient stops – key criteria for QSR, service retail, and daily needs operators. With established traffic patterns, strong household demographics, and seamless regional connectivity, this corridor provides the consistent customer flow and accessibility national retailers look for when selecting high-performing sites.