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14091589
14091590

3321 Broadway, Grove City, OH 43123 For Sale

BL
OH OH 2016004572
Verti Commercial Real Estate
MD
OH SAL.2020000914
Verti Commercial Real Estate
Listed by Verti Commercial Real Estate
$1,295,000
942 days on market
Updated 12 days ago
Opportunity zone

3321 Broadway - Eclipse Car Wash

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 2,009
Cap Rate 11.33%
NOI $146,663
Year Built 2004
Year Renovated 2022
Buildings 1
Ground Lease No

Recently Upgraded Two Bay, Touchless, Cash Producing Car Wash

Marketing description

This turnkey two-bay touchless automatic car wash offers an owner-operator a rare combination of modernized infrastructure and a proven Central Ohio location. Both bays feature the industry's leading touchless in-bay automatic system, the PDQ LaserWash 360 Plus. Installed in 2022, thus materially reducing near-term capital needs and deferred maintenance risk while delivering a low-labor, high-margin operating model. The asset supports multiple business plans, including continued single-site operation, conversion or expansion of a membership-based unlimited wash club, and integration into a regional portfolio.

Positioned directly on Broadway, one of Grove City's primary north-south arterials and the main corridor through the city's historic Town Center, the property captures over 27,000 vehicles per day (ODOT 2024), placing it well above the traffic thresholds institutional operators target for Class A car wash locations. The site benefits from the trade area's affluent rooftop base, 2-vehicle-per-household profile, and sustained population growth. Ongoing expansion across the South Columbus corridor, anchored by Anduril's Arsenal-1 campus and other major regional investment, further supports long term traffic, payroll, and household growth projections to support a strong business.

Investment highlights

Listing Contacts

BL
OH OH 2016004572
Verti Commercial Real Estate
MD
OH SAL.2020000914
Verti Commercial Real Estate
Listed by Verti Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$146,663.00
$12,221.92/mo

Valuation Metrics

0
DSCR
11.33%
Cap Rate
11.33%
ROI

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Additional Information

Name
Brett Ludwig
License
OH 2016004572
Name
Matthew E. Drane
License
SAL.2020000914
Brokerage Phone
202-510-2689
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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