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3103 Delta Fair Blvd
Antioch, CA 94509
Specialty Property For Sale
·
5,890 SF


Executive Summary
BUSINESS VALUE ONLY - Property has a ground lease (33 Yr Remaining)
NO SELLER FINANCING
Lee & Associates is pleased to present the Delta Fair Blvd car wash in Antioch — an established, high-volume full-service and express wash offered at $1,750,000, reduced from $2,200,000. On $346,048 of 2025 adjusted NOI, that is a **19.8% cap rate** on in-place, owner-provided cash flow — not a projection.
The business operates on a long-term ground lease with **33 years remaining through 2058** at $209,484/year (CPI adjustments every five years), and the tenant holds a **Right of First Refusal on the underlying land** — an embedded path to eventual fee ownership if the landlord ever elects to sell. The site sits on a major Antioch retail corridor with CA-4 visibility and strong drive-by traffic in a trade area of roughly 202,000 residents within five miles.
Delta Fair carried strong momentum into 2025, with adjusted NOI up roughly 57% year over year. Add-backs reflect seller acquisition-debt interest, financed equipment leases, and owner-discretionary items a new operator will not carry; P&Ls, tax returns, and invoices are available in due diligence under a confidentiality agreement. The seller is motivated and focused on a qualified buyer able to close cleanly. A full offering memorandum is available on request. *This location is also available alongside two other car washes in Antioch and Galt, which can be purchased separately or together.
NO SELLER FINANCING
Lee & Associates is pleased to present the Delta Fair Blvd car wash in Antioch — an established, high-volume full-service and express wash offered at $1,750,000, reduced from $2,200,000. On $346,048 of 2025 adjusted NOI, that is a **19.8% cap rate** on in-place, owner-provided cash flow — not a projection.
The business operates on a long-term ground lease with **33 years remaining through 2058** at $209,484/year (CPI adjustments every five years), and the tenant holds a **Right of First Refusal on the underlying land** — an embedded path to eventual fee ownership if the landlord ever elects to sell. The site sits on a major Antioch retail corridor with CA-4 visibility and strong drive-by traffic in a trade area of roughly 202,000 residents within five miles.
Delta Fair carried strong momentum into 2025, with adjusted NOI up roughly 57% year over year. Add-backs reflect seller acquisition-debt interest, financed equipment leases, and owner-discretionary items a new operator will not carry; P&Ls, tax returns, and invoices are available in due diligence under a confidentiality agreement. The seller is motivated and focused on a qualified buyer able to close cleanly. A full offering memorandum is available on request. *This location is also available alongside two other car washes in Antioch and Galt, which can be purchased separately or together.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | Car Wash | Parking Ratio | 2.55/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.55 AC | Opportunity Zone |
Yes
|
| Building Size | 5,890 SF |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 5,890 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Parking Ratio | 2.55/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Number | 076-432-030-5 | Improvements Assessment | $2,679,574 |
| Land Assessment | $722,141 | Total Assessment | $3,401,715 |
Property Taxes
Parcel Number
076-432-030-5
Land Assessment
$722,141
Improvements Assessment
$2,679,574
Total Assessment
$3,401,715
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