www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29054974
29055433

1502 Martin Luther King Junior Drive, Monroe, LA 71202

WW
LA 995701278-ACT
Lee & Associates Louisiana
Listed by Lee & Associates Louisiana
$3,750,000
157 days on market
Updated 22 days ago
Opportunity zone

Prime Shine Car Wash

Details
Property Type Retail
Sub Type Owner / User Car Wash
Square Footage 4,118
Year Built 2025
Acreage 1.660
Zoning B-3 (General Commercial)
Investment Type Core+

Retail | 4,118 SqFt

Marketing description

Prime Shine Wash is a modern express tunnel car wash located in Monroe, Louisiana, offering fast, convenient, and environmentally conscious vehicle cleaning services. The facility features advanced wash equipment, free self-service vacuum stations, and a popular unlimited wash membership program. Positioned along a high-traffic corridor, Prime Shine serves a growing residential and commuter base in Ouachita Parish. With a strong focus on customer experience and operational efficiency, the brand has established itself as a reliable, service-oriented tenant with long-term growth potential in the car wash sector.

Investment highlights

  • Owner/user Opportunity: Opportunity to Acquire the Newly Constructed Wash With New Equipment, Growing Business and Underlying Real Estate.
  • Strong Exposure: Located Just Off of Interstate 20 on a Major Thoroughfare With Traffic Counts in Excess of 29,000 Vehicles Per Day.
  • New Construction: This Location Opened for Business on February 1, 2025. Everything Including the Equipment, Roof and Structure, Pay Stations, Etc. Is Brand New and Turnkey.
  • Ideal Lot Size/layout: The Property is Positioned on 1.66 Acres of Land and Has an Ideal Layout Which Allows for a High-volume Site and Future Growth.
  • Located Near Strong Retailers: Notable Nearby Retailers Include Sonic Drive in, Taco Bell, Mcdonald's, Wendy's, Super 8 by Wyndham, Studio 6, Quality Inn, Comfort Suites and More.
  • Low Competition: This Site Has Little Express Wash Competition in Its Direct Market Allowing for Additional Upside From New Owner.
  • Qualifies for Bonus Depreciation: Car Washes Qualify for Bonus Depreciation Which Can Allow for Much Higher Returns on Investments and Significant Tax Savings. *please Consult a Cpa for Further Details.
  • Strategic Location: Located Just South of Interstate 20 Along Highway 165 S Capturing 26,915 Vpd and Surrounded by Nearby Retailers.

Listing Contacts

WW
LA 995701278-ACT
Lee & Associates Louisiana
Listed by Lee & Associates Louisiana

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Will Watson
License
995701278-ACT
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591