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California  + Inland Empire  + Retail  | 
Rancho Car Wash

Car Washes in Prime Locations Remain in Strong Demand

Rancho Car Wash located at 27378 Jefferson Ave. in Temecula recently sold to a private investor for $6.05 million. The purchase included both the business and real estate. The buyer plans to remodel and upgrade the operation.  

Established in 1988, Rancho Car Wash offers full-service hand car washes, auto detailing services, and an oil and lube center. A 140-foot double wide tunnel allows for oversized vehicle washes. 

This location is off the heavily traveled I-15 freeway at the signalized intersection of Jefferson Avenue and Winchester Road with a traffic count of more than 64,000 cars per day. Furthermore, the property is in a heavily populated area with approximately 148,000 people and an average household income of $84,432 in a 5-mile radius.

The car wash is an outparcel to a strip center that includes a variety of shops and services. Neighboring retailers include Food 4 Less, TJ Maxx, Dollar Tree, Starbucks and Jack in the Box. 

Progressive Real Estate Partners’ Victor Buendia represented the buyer and seller, also a Los Angeles County-based private investor.

“Car washes in prime locations continue to be in strong demand, and the excellent freeway adjacent location and 30-plus year operating history made this car wash especially attractive to the buyer,” says Buendia. “Not only are car washes an Internet-resistant use, they typically generate strong cash flow and have proven to be resilient regardless of the economic environment.”


Inside The Story

Victor Buendia

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Sale/Acquisition