3103 Delta Fair Blvd Immeuble | 547 m² | Spécialité | À vendre 1 504 860 € | Antioch, CA 94509

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.