LAKE WORTH BEACH, FL (August 28, 2025) – Lee & Associates South Florida Principal C. Todd Everett, SIOR, represented both buyer and seller in the recent $1.4 million sale of the Tropical Car Wash Retail Center, a multi-tenant commercial property prominently located at 824 N Dixie Hwy in Lake Worth Beach, FL. The transaction closed on August 21, 2025, reflecting Everett’s deep-rooted expertise in the Lake Worth Beach submarket where he has been a trusted name in commercial investment sales for nearly three decades.

The property was sold by 8 Two 4 Holdings, LLC to Soraya Capital, LLC in a direct deal successfully negotiated by Everett.

Anchored by the Tropical Car Wash, a locally iconic hand wash business operating for over 25 years, the property also features two additional retail tenants: a popular window tinting shop and a quaint boutique thrift store. Located just minutes from Lake Worth Beach’s vibrant downtown, the property benefits from prime frontage on Dixie Highway, offering strong traffic counts within a dense residential and commercial corridor.

“This transaction demonstrates the ongoing demand for stabilized, income-producing assets in walkable, high-visibility neighborhoods like Lake Worth Beach,” said Everett. “Tropical Car Wash is a local staple and represents the type of durable business model that investors seek. The surrounding area’s growth and accessibility only elevate the long-term value of this property.”

This sale underscores the strength of the Lake Worth Beach market and the enduring value of legacy businesses in South Florida’s evolving real estate landscape.

C. Todd Everett brings over 30 years of experience specializing in commercial investment sales. Recognized for his deep market insight and long-standing client relationships, Everett has successfully completed more than $700 million in transactions throughout South Florida.