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144 E Palmdale Blvd

5,359 SF Specialty Building Offered at $2,249,000 in Palmdale, CA 93550

Investment Highlights

  • hard corner with traffic light
  • high traffic In N out Burger neighbor
  • prime freeway location
  • high growth potential

Executive Summary

Palmdale Speed Wash Business & Property
https://www.palmdalespeedwash.com/
Address: 144 E Palmdale Blvd, Palmdale, CA 93550
Asking Price: $2,249,000 (Includes Business & Property)
Please do not contact anyone at this location.
Prime Investment Opportunity: Express Car Wash & Real Estate
Key Features:
Newly Remodeled: Upgraded in 2022 with cutting-edge car wash equipment and a sleek design.
Strategic Location: Adjacent to one of Southern California’s busiest IN-N-OUT Burger locations, ensuring high visibility and consistent traffic.
Additional Income Streams:
$2,000/month rental income from a tint shop.
Top 100 U-Haul dealer (out of 21,000 nationwide) generating steady revenue.
Additional $3,500/month potential from leasing interior space.
Infrastructure Upgrades: New signal light installation completed 3 months ago to enhance access and visibility.
Ample Lot Size: 29,000 Sq. Ft. property with a 5,400 Sq. Ft. building.
Property Details:
Type: Specialty (Car Wash)
Building Class: B
Year Built: 1994
Lot Size: 0.66 Acres
Parking Ratio: 7.24 per 1,000 SF
Business Highlights:
Over $1 million invested in converting the facility to an express/full-service car wash.
10 vacuum stations and a high-tech 100+ ft. tunnel for efficient service.
Trained staff, allowing for absentee ownership or seamless portfolio addition.
Strong and growing customer base:
1,057+ recurring members with a monthly growth of 120–150 new members.
Projected to exceed 1,500 members by January 2025.
Processes over 3,500 cars per month with projected annual sales of $461,000 in 2024 (tax-verified gross sales of $420,000 in 2023).
Membership Management:
Powered by Everwash, the industry leader in membership platforms.
Features include license plate recognition, streamlined billing, and 24/7 customer support.
Transparent financial dashboards.
Growth Potential:
Projected Monthly Volume: Over 5,000 cars/month with an average ticket of $11+ per car.
Annual Sales Growth: Expected gross sales to surpass $500,000 in the next fiscal year.
Additional rental opportunities to generate $5,500+ monthly in passive income.
Why This Opportunity Stands Out:
Unmatched location with consistent foot traffic and proximity to a high-performing IN-N-OUT Burger.
Ranked as a Top 100 U-Haul dealer nationwide, offering significant additional revenue.
Modern facility with room for further upgrades and services.
Terms & Confidentiality
A signed NDA and proof of funds are required to access detailed financial information.
Please refrain from contacting anyone at the location to ensure confidentiality.
Don't miss this rare opportunity to own a thriving express car wash with substantial growth potential and multiple revenue streams!
For inquiries, please contact us directly.

Property Facts

Price $2,249,000
Price Per SF $420
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.66 AC
Building Size 5,359 SF
No. Stories 1
Year Built/Renovated 1994/2021
Parking Ratio 7.24/1,000 SF
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Bus Line
  • Signage
  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3009-005-036
Land Assessment
$1,220,389
Improvements Assessment
$955,087
Total Assessment
$2,175,476

zoning

Zoning Code CPD (Commercial/car wash)
CPD (Commercial/car wash)
  • Listing ID: 34212120

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 144 E Palmdale Blvd, Palmdale, CA 93550

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