181 180Th Ave Pembroke Pines, FL 33029

This exceptional investment opportunity presents a fee-simple, 3,752 square-foot car wash located at 181 NW 180th Ave, Pembroke Pines, FL 33029, in Broward County. Built in 2023, the property sits on approximately one acre of land. The asking price is $6,800,000, representing a compelling $1,812.37 per square foot and a 6.25% cap rate. The property boasts a strong 20-year triple-net (NNN) lease with a corporate guarantee from a multi-unit operator, ensuring minimal landlord responsibilities. The lease commenced at closing and features a current annual net operating income (NOI) of $425,000, with a 2% annual rent increase built into the base term and six 5-year renewal options. This investment qualifies for accelerated depreciation, offering significant tax advantages. The property's location in Pembroke Pines provides excellent visibility and access to a high-traffic area. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The property's strong financials and long-term lease make it an ideal addition to any commercial real estate portfolio.