Log In/Sign Up
Your email has been sent.
8845 E Imperial Hwy - Crystal Cave Car Wash 2,771 SF Specialty Building Offered at $1,860,000 at a 5% Cap Rate in Downey, CA 90242



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease; Zero Landlord Responsibility: 30-year original term with 21 years remaining
- 100% Bonus Depreciation: Car wash improvements and equipment may qualify for accelerated depreciation (buyer to verify)
- Limited Supply and High Barriers to Entry in LA County: Express car wash sites are difficult to develop in LA County due to restrictive zoning
- High-Traffic Corridor with Retail and Employment Synergy: Positioned along Imperial Highway near Lakewood Boulevard, benefiting from ±53,830 CPD
- Below-Market Rent with Long-Term Upside: Current rent is below market for a fully equipped express car wash in Southeast LA County.
EXECUTIVE SUMMARY
Progressive Real Estate Partners is proud to present Crystal Cave Car Wash — a rare sub–$2M single-tenant NNN investment in one of Southeast Los Angeles County’s most established and supply-constrained retail corridors. The property is leased to an experienced regional operator under a 30-year absolute NNN lease with approximately 21 years remaining, providing passive income with 2.5% annual rent increases. Situated in the heart of Downey, surrounded by over 750,000 residents within a five-mile radius, the site benefits from exceptional consumer density, high traffic counts (53,000+ CPD), and close proximity to major retail anchors including Promenade at Downey (0.45 mi), Downey Landing (0.9 mi), and Stonewood Center (1.6 mi). With potential eligibility for 100% bonus depreciation (buyer to verify), below-market rent, and fair-market-value renewal options, this offering combines dependable cash flow, long-term appreciation potential, and meaningful after-tax advantages—all within a premier infill Los Angeles County location.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,860,000 | Building Class | B |
| Price Per SF | $671.24 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 2,771 SF |
| Cap Rate | 5% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1989 |
| Property Subtype | Car Wash | Parking Ratio | 5.41/1,000 SF |
| Zoning | C4 | ||
| Price | $1,860,000 |
| Price Per SF | $671.24 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 2,771 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Parking Ratio | 5.41/1,000 SF |
| Zoning | C4 |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 6261-014-051 | Improvements Assessment | $290,145 |
| Land Assessment | $1,160,584 | Total Assessment | $1,450,729 |
PROPERTY TAXES
Parcel Number
6261-014-051
Land Assessment
$1,160,584
Improvements Assessment
$290,145
Total Assessment
$1,450,729
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
8845 E Imperial Hwy - Crystal Cave Car Wash
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
