4860 Topaz | Las Vegas Carwash
20.2% CAP UPSIDE
Marketing description
4860 Topaz St, Las Vegas, NV 89121 is a lucrative self-service carwash, ideal for investors or owner-users looking for excellent cash flow, stability, and upside. It's an actual 12.22% CAP based on 2025 P&L w/ 20.2% cap rate upside! No staff needed. It is an inviting, brightly lit +/-2,568 SF car wash on a spacious +/-20,038 SF (0.46 AC) lot. It is located on Topaz St, adjacent to the busy intersection of Tropicana and Eastern, just two miles from the Strip. It has six (6) wash bays, eight (8) vacuums, a self service shampoo machine, an ArmourAll Station, a vacuum fragrance station, and an area to wash RVs, boats, Semi-Cabs, etc. There is 20.2% cap rate upside in converting one of the bays to (IBA) in-bay-automatic, which generates additional $10,000 to $25K per month. Cost is +/-$331,000 and it takes +/- four weeks to complete.
*Note 1: The building and land are being sold. The business is owned by a separate LLC. The seller will transfer the business to buyer at no additional cost.
**Note 2: Seller may carry at 6.5% interest only for a year w/ 20% down. The seller carry depends on the price and strength of the offer.
Embrace the strategic location of Las Vegas, NV, a city centrally located within a convenient four to five-hour drive to Los Angeles, CA, Phoenix, AZ, and a five-hour drive to Salt Lake City, UT. Las Vegas, NV is one of the fastest growing cities in America with business friendly policies, such as no corporate taxes, no individual income taxes, and low regulations. It is rapidly becoming the entertainment capital of America with conventions, restaurants, professional sports teams and more. Las Vegas has a reputation as a prime destination for businesses and investors seeking substantial returns.
The 4860 Topaz carwash property is located in the bustling Central East Las Vegas area, just two miles from the Strip, and three miles from the new Las Vegas A's Stadium. Nearby businesses include Walgreens, El Pollo Loco, Starbucks, Baskin-Robbins, Starbucks, Wells Fargo, and more. Don’t miss out on owning a piece of this thriving, centrally located carwash – seize the chance to own 4860 Topaz St today!
Investment highlights
11.71% Cap Rate - Actual - with 19.8% Cap Rate Upside upon converting one self serve bay into in bay automatic
Self Serve Carwash with minimal management - easier to manage than an apartment building
There’s significant upside upon converting one of the bays to in-bay automatic, $10K month extra
Seller may carry for one year at 6.5% interest only w/ 20% down (if the price and offer are strong).
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