23156 Los Alisos Boulevard, Mission Viejo, CA 92691

List Price
$3,500,000
Status
ACTIVE
MLS#
25562991
Lot Size
43,560
Acres
1
Days on Market
7
Property Type
Investment

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.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Oron Maher (oron@mahercr.com) from Listing Office: Maher Commercial Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.