Self Serve Car Wash For Sale - 10% CAP

Retail-Commercial for Sale
Catylist Listing ID: 30284968
Property Subtypes: Car Wash, Retail-Pad, Street Retail
Building Size (RSF): 3,290 SF
Gross Land Area: 21,344 SF
Sale Price: $1,449,000
Unit Price: $440.43 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: 9.7%
Last Updated: 3/27/2021

Overview / Comments

Established self - serve car wash with 6 bays + 1 automatic (touchless) bay - outparcel of retail/grocery anchored shopping center - Pylon signage - 7 vacuum stations (2 with fragrance fresh and one with carpet wizard) - newer equipment - strong revenue stream (financials available with executed NDA) - roughly 48,000 vpd traffic - high barriers to entry - close proximity to a large number of apartment communities. New traffic generators in the Bearss corridor include a national fitness chain and grocery store (across the street - North). Solid numbers throughout 2020

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Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: 034932.0600
Zoning: UCA - MS
Property Visibility: Excellent
Feet of Frontage: 145
Traffic/Vehicle Count: 48,000
Property Condition: Good
Year Built: 2002
Roof Type: Other
Construction/Siding: Stucco

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,590 115,829 270,963
Median Age: 29.36 33.43 35.23
Households: 10,872 47,141 109,946
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