By Jim Utter
Director of Journalism
A mixed-use retail center that includes a fully operational car wash site will go to auction next week by order of the U.S. Bankruptcy Court for the Middle District of Florida.
The site is located in Velrico, Florida, a growing residential community just east of Brandon and about 15 miles from downtown Tampa.
The offering includes a 6,016± square-foot concrete block building situated on a 1.49± acre commercial lot. The eastern 0.5± acres of the property remain undeveloped.
An online auction, conducted by Tranzon Driggers, will take place at 11 a.m. ET on April 9 and the property will be sold subject to court approval.
The auction presents a unique opportunity to acquire a fully operational car wash business with additional retail income.
The sale includes all equipment, business property, and intangible assets associated with the car wash operation, which features a high-efficiency tunnel wash, a detailing bay, five self-service bays, and multiple vacuum stations. The car wash – Splash Car Wash – is listed as built in 2013.
Two of the three retail units on site are currently leased to an auto repair shop and a gaming arcade. The third unit is being used as the owner’s office, creating additional potential for rental income and the undeveloped portion of the lot allows for additional future use or expansion.
“This is a rare chance to acquire a turnkey car wash and mixed-use asset in a high-traffic Florida corridor,” said Brandon Seelig, Auction Advisor with Tranzon Driggers.
“With current income in place and room for future development, it offers multiple paths for the next owner to create value.”
The site is located one block off busy East Brandon Boulevard (SR-60), with traffic counts of approximately 63,000 vehicles per day. The property offers convenient access and proximity to several major retailers including Publix, Walmart, Home Depot and Lowe’s.
With respect to the auction itself, there is a 10 percent buyer’s premium; and the buyer is responsible for back taxes totaling approximately $42,655.
For more information or to register to bid, visit Tranzon.com or contact Brandon Seelig, Auction Advisor, at (352) 895-6168.
