Marcus & Millichap Inc.
10/27/2026 | Press release | Archived content
Marcus & Millichap Brokers $7.5M Sale of El Car Wash in Miami's West Flagler Neighborhood
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Marcus & Millichap Brokers $7.5M Sale of El Car Wash in Miami's West Flagler Neighborhood
October 27, 2026
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MIAMI., Oct. 27, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 6695 W. Flagler St., a newly constructed car wash in Miami, Florida. The property sold for $7.5 million.
"The continued expansion of El Car Wash throughout South Florida has created strong investor demand for properties leased to the operator," said Jonathan De La Rosa, senior managing director investments in Marcus & Millichap's Miami office. "With a growing footprint, long-term leases and the potential tax advantages associated with accelerated depreciation, these assets continue to attract investors seeking stable cash flow and long-term appreciation."
De La Rosa and Eddie Toledo of Marcus & Millichap represented the seller, El Car Wash, and procured the buyer, a local family office. This marks the eighth El Car Wash property the duo has sold in the past three years, further establishing their track record in the sale of car wash investment properties throughout Florida.
The property totals 5,300 square feet on a 0.67-acre lot. The parcel is zoned for neighborhood commercial use, supporting long-term flexibility for automotive, retail or service-oriented uses. It is currently leased to El Car Wash, a Miami-based chain with more than 100 locations in the United States.
The property is close to Miami International Airport, Nu Stadium and State Roads 826 and 836.
"The continued expansion of El Car Wash throughout South Florida has created strong investor demand for properties leased to the operator," said Jonathan De La Rosa, senior managing director investments in Marcus & Millichap's Miami office. "With a growing footprint, long-term leases and the potential tax advantages associated with accelerated depreciation, these assets continue to attract investors seeking stable cash flow and long-term appreciation."
De La Rosa and Eddie Toledo of Marcus & Millichap represented the seller, El Car Wash, and procured the buyer, a local family office. This marks the eighth El Car Wash property the duo has sold in the past three years, further establishing their track record in the sale of car wash investment properties throughout Florida.
The property totals 5,300 square feet on a 0.67-acre lot. The parcel is zoned for neighborhood commercial use, supporting long-term flexibility for automotive, retail or service-oriented uses. It is currently leased to El Car Wash, a Miami-based chain with more than 100 locations in the United States.
The property is close to Miami International Airport, Nu Stadium and State Roads 826 and 836.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on October 27, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 30, 2026 at 21:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]