Wahoo Express Car Wash

Highlights:

• 15 year long lease term
• High visibility
• 100% Bonus depreciation
• Brand new construction
• 39k + VPD along W 23rd St. (State Rd. 368)

Description:

Dash Commercial Real Estate Advisors is pleased to exclusively present the opportunity to acquire a brand new trophy class Car Wash sale leaseback in Panama City FL. Built in 2025 with a state of the art automatic tunnel car wash and 16 Self Serve Vacuum stations, this Sale Leaseback is a perfect opportunity to get into the highly competitive car wash industry with a brand new long term lease along a highly trafficked road in Panama City. Investors can also take advantage of Bonus Depreciation.

Investing in the Wahoo Car Wash at 2300 Michigan Avenue in Panama City presents a strong opportunity, thanks to its prime location along one of the city’s busiest commercial corridors. The property is positioned to capture consistent demand from both daily commuters and local residents, with Michigan Avenue serving as a key traffic artery through the area. Its placement near major retail, dining, and service destinations ensures a steady flow of customers year-round.

The car wash benefits from Panama City’s growing economy, supported by a blend of residential neighborhoods, commercial developments, and proximity to the region’s beaches and tourism hubs. The area continues to attract new residents and visitors, driving increased vehicle traffic and fueling demand for convenient, high-quality car wash services.

Surrounded by established retailers and service providers, the Wahoo Car Wash is well-integrated into the community’s commercial landscape. The strong visibility and accessibility of the property make it a natural stop for both repeat customers and new visitors, reinforcing its position as a reliable local amenity.

With its strategic location, growing customer base, and alignment with Panama City’s expanding economy, the Wahoo Car Wash offers investors a compelling opportunity for stable income and long-term value in a thriving Florida Gulf Coast market.

Documents: