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Prime St. Petersburg Car Wash Investment 3703 Tyrone Blvd N 2,332 SF 100% Leased Retail Building Saint Petersburg, FL 33710 $1,200,000 ($514.58/SF) 10% Cap Rate



Executive Summary
Rare opportunity to acquire a well-established, high-performing car wash property located on one of St. Petersburg’s busiest commercial corridors. Positioned directly on Tyrone Boulevard with outstanding visibility and strong traffic counts, Lighthouse Car Wash has become a landmark destination within the highly sought-after Tyrone submarket.
The property features six self-service wash bays, six vacuum islands, carpet shampoo stations, fragrance machines, and a dedicated self-service dog wash station, creating multiple revenue streams and a consistent customer base. Strategically situated on approximately 0.46 acres with dual ingress and egress access from both Tyrone Boulevard and 38th Avenue North, the site benefits from exceptional accessibility and exposure to tens of thousands of vehicles daily.
Located within the rapidly growing Tyrone retail corridor near Tyrone Square Mall, national retailers, restaurants, and dense residential neighborhoods, the asset is ideally positioned to capitalize on continued population growth and redevelopment throughout the area. The property’s strong operating history and established market presence make it an attractive opportunity for both investors and owner-operators seeking stable in-place cash flow with long-term upside potential.
The asset is reportedly generating approximately $120,000 annually in net operating income after expenses, offering investors immediate yield in one of Tampa Bay’s most active retail trade areas. Opportunities to acquire stabilized automotive service assets with proven cash flow and premier corridor frontage in St. Petersburg remain increasingly limited.
The property features six self-service wash bays, six vacuum islands, carpet shampoo stations, fragrance machines, and a dedicated self-service dog wash station, creating multiple revenue streams and a consistent customer base. Strategically situated on approximately 0.46 acres with dual ingress and egress access from both Tyrone Boulevard and 38th Avenue North, the site benefits from exceptional accessibility and exposure to tens of thousands of vehicles daily.
Located within the rapidly growing Tyrone retail corridor near Tyrone Square Mall, national retailers, restaurants, and dense residential neighborhoods, the asset is ideally positioned to capitalize on continued population growth and redevelopment throughout the area. The property’s strong operating history and established market presence make it an attractive opportunity for both investors and owner-operators seeking stable in-place cash flow with long-term upside potential.
The asset is reportedly generating approximately $120,000 annually in net operating income after expenses, offering investors immediate yield in one of Tampa Bay’s most active retail trade areas. Opportunities to acquire stabilized automotive service assets with proven cash flow and premier corridor frontage in St. Petersburg remain increasingly limited.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,332 SF
Building Class
C
Year Built
1998
Price
$1,200,000
Price Per SF
$514.58
Cap Rate
10%
NOI
$120,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
0.46 AC
Zoning
CCS-1 - Community Commercial Services
Parking
10 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Lighthouse Selfservice Carwash
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Lighthouse Selfservice Carwash | Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-31-15-09774-000-0010 | Improvements Assessment | $118,521 |
| Land Assessment | $281,479 | Total Assessment | $400,000 |
Property Taxes
Parcel Number
12-31-15-09774-000-0010
Land Assessment
$281,479
Improvements Assessment
$118,521
Total Assessment
$400,000
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Prime St. Petersburg Car Wash Investment | 3703 Tyrone Blvd N
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