Wahoo Express Car Wash

For Sale

2300 Michigan Ave, Panama City, FL 32405

This Panama City property for sale is located at 2300 Michigan Ave. The current listed sale price for Wahoo Express Car Wash is $6,336,000. Wahoo Express Car Wash is situated on a lot that is 1.12 acre in size.

Contacts

broker
John Dudash

Dash Commercial Real Estate Advisors

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,000 SF
  • Lot Size 1.12 Acre
  • Year Built 2025
  • Date Updated Sep 19, 2025
Investing in the Wahoo Car Wash at 2300 Michigan Avenue in Panama City presents a strong opportunity, thanks to its prime location along one of the city’s busiest commercial corridors. The property is positioned to capture consistent demand from both daily commuters and local residents, with Michigan Avenue serving as a key traffic artery through the area. Its placement near major retail, dining, and service destinations ensures a steady flow of customers year-round. The car wash benefits from Panama City’s growing economy, supported by a blend of residential neighborhoods, commercial developments, and proximity to the region’s beaches and tourism hubs. The area continues to attract new residents and visitors, driving increased vehicle traffic and fueling demand for convenient, high-quality car wash services. Surrounded by established retailers and service providers, the Wahoo Car Wash is well-integrated into the community’s commercial landscape. The strong visibility and accessibility of the property make it a natural stop for both repeat customers and new visitors, reinforcing its position as a reliable local amenity. With its strategic location, growing customer base, and alignment with Panama City’s expanding economy, the Wahoo Car Wash offers investors a compelling opportunity for stable income and long-term value in a thriving Florida Gulf Coast market.Dash Commercial Real Estate Advisors is pleased to exclusively present the opportunity to acquire a brand new trophy class Car Wash sale leaseback in Panama City FL. Built in 2025 with a state of the art automatic tunnel car wash and 16 Self Serve Vacuum stations, this Sale Leaseback is a perfect opportunity to get into the highly competitive car wash industry with a brand new long term lease along a highly trafficked road in Panama City. Investors can also take advantage of Bonus Depreciation.
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Highlights

  • 100% Bonus depreciation
  • 15 year long lease term
  • 39k + VPD along W 23rd St. (State Rd. 368)
  • Brand new construction
  • High visibility

Getting around

  • 40/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Panama City, FL
  • Neighborhood Pretty Bayou
  • Zip Code 32405
  • Market Pensacola

Points of Interest

  • Chevron

    0.05 miles

  • Circle K

    0.85 miles

  • Sam's Club

    1.24 miles

  • Beeline

    1.95 miles

  • Murphy USA

    2.69 miles

  • Exxon

    2.75 miles

  • Harvey De Mathis Park parking

    2.55 miles

  • Hyatt Place Parking

    9.86 miles

  • Subway

    0.03 miles

  • Taco Bell

    0.19 miles

  • Holi Indian Grill

    0.25 miles

  • Tudor's Biscuit World

    0.61 miles

  • McDonald's

    0.63 miles

  • Dunkin'

    0.63 miles

  • Golden Chick

    0.63 miles

  • Pizza, Pasta & Wings

    0.70 miles

  • Persis Biryani Indian Grill

    1.14 miles

  • Copper Tap Grille

    1.25 miles

  • Winn-Dixie

    0.32 miles

  • Grocery Outlet

    1.05 miles

  • Piggly Wiggly

    1.74 miles

  • Big Lots

    2.29 miles

  • Publix

    2.31 miles

  • TJ Maxx

    2.34 miles

  • Walmart Supercenter

    2.41 miles

  • Ross

    3.30 miles

  • Burlington

    3.35 miles

  • Don Jorge Mexican Grocery Store

    3.39 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Dudash

Dash Commercial Real Estate Advisors

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