Property Type:
Auto Related, Freestanding, Investment
Availability:
Sold
Transaction Type:
Sold
Lot Size:
2.19 AC
Zoning Description:
R3-A
Frontage:
+/-300'
Property Description
3 Income-Producing Properties
A total of 3 buildings including a car wash all leased out on long term leases. Extremely clean and very well maintained property. The car wash is in impeccable condition!
This is a self serve automatic car wash. There are 7 tunnels, 3 automatic touchless and 4 self serve bays. There are 9 vacuum stations set up, a vending station, and the owner has their own office right on site with plenty of room for storage. ALL the equipment has been replaced within the last 5 years (a value of over $517,000)
There is also an oil change shop and a transmission shop on site. The current leases in place are the Jiffy Lube at $7500 NNN and Transmission shop is $3000 NNN. The car wash pays $5000 right now but is being increased to $6000 NNN.
The owner is a hands on owner, he does most of the repairs and has a maintenance guy on staff full time to take care of everything else.
EVEN THROUGH THIS DIFFICULT TIME OF COVID-19 THE CAR WASH IS STILL SEEING OVER 200 CARS A DAY!! BUSINESS HAS NOT SLOWED DOWN!!
