Colliers Brokers $10M Sale Of Miami El Car Wash

Colliers | U.S. announced the $10 million sale of El Car Wash, an express car wash facility located at 11375 Biscayne Blvd. in Miami.

Colliers’ Senior Vice President Christopher Twist represented both the seller, El Car Wash, and the buyer. Key tax incentives were passed this year that played a pivotal role in the acquisition, enabling the buyer to capture accelerated tax benefits and expand their portfolio of income-generating real estate assets.

“The reinstatement of 100% bonus depreciation has created record demand for specialized net lease assets like car washes,” said Twist. “Investors are leveraging these opportunities to capture substantial first-year tax savings while securing long-term income streams. As a national expert in bonus depreciation strategies, my goal is to guide clients on structuring acquisitions that maximize immediate tax advantages while positioning their portfolios for long-term growth.”

Built in 2021, the 3,365-square-foot Class A facility is located on Biscayne Boulevard, one of Miami’s most prominent commercial corridors. The property offers unmatched visibility, exceptional positioning, and strong surrounding demographics, including high-income residential communities. Ownership along this corridor is tightly held, making acquisition opportunities exceedingly rare.