Self Serve Car Wash/Retail Development Site

Retail-Commercial for Sale
Catylist Listing ID: 30757744
Property Subtypes: Car Wash, Free-Standing Building, Retail-Pad, Street Retail, Vehicle Related
Building Size (RSF): 1,910 SF
Gross Land Area: 15,816 SF
Sale Price: $650,000
Unit Price: $340.31 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2021

Overview / Comments

Free-standing car wash - 3 self service bays and 1 touchless automatic bay - neighborhood location - frontage on three streets - Armenia, Wishart, and Wishart Place - billboard sign revenue is collected by the property owner ($10,000 - 2021 annual). Great drive-by visibility - easy access - close to St Joseph's Hospital and surrounding medical community - priced to sell - Survey available - Site is aslo suitable for redevelopment for retail/office use - schematic attached that shows 1500 s.f. of retail/office with 9 pk spaces - potential to expand to 2250 s.f. with 4:1000 ratio.

Income/Expense summary available with executed NDA. Ground lease may be possible, as well - terms subject to credit review.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough
Tax ID/APN: 105807.0000
Zoning: CG
Market Type: Medium
Retail Clientele: General, Family, Business
Property Located Between: MLK and Hillsbrough
Side of Street: East
Road Type: 2-Track
Largest Nearby Street: Armenia
Traffic/Vehicle Count: 20,800
Site Description: level ground - current developed for self serve car wash - 2 curb cuts
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2004
Roof Type: Flat

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,267 140,799 322,613
Median Age: 40.46 36.27 36.26
Households: 8,119 56,631 130,261
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