Listed by Matthews
$699,000
Express Wash
Details
Property Type Retail, Special Purpose
Sub Type Auto Shop, Car Wash
Square Footage 3,330
Brand/Tenant Express Wash
Price per SqFt $210
Broker Co-Op Yes
Year Built 2021
Buildings 1
Stories 1
Acreage 0.730
Parking Spaces spaces
Investment Type Owner/User
Ownership Fee Simple
Stable Cash-Flow Billboard Income | High-Traffic Phoenix Hard Corner
Investment highlights
- Turnkey Owner/User Opportunity | Significantly Below Replacement Cost – Opportunity to acquire both the real estate and operating equipment at $699,000, well below today’s replacement cost, creating immediate built-in equity and a compelling entry point for operators and investors.
- Modern 2021 Construction – Built in 2021, the property features a 110-foot express tunnel and 18 vacuum stations, allowing for strong volume capacity, operational efficiency, and scalability for membership-based programs.
- Built-In Additional Revenue Stream – The on-site OutFront digital billboard lease runs through 2030, providing stable supplemental income. Current base rent is $7,200 annually, with potential upside to 25% of Annual Net Revenue (if exceeding $7,200) — generating approximately $10,000 in 2025.
- Prime Hard-Corner Location with Exceptional Visibility – Strategically located at the highly trafficked intersection of 35th Avenue & Cactus Road, benefiting from ±59,935 vehicles per day, delivering constant daily exposure and strong traffic counts.
- Densely Populated Trade Area – Surrounded by a strong residential population of ±161,276 residents within 3 miles and ±423,000 residents within 5 miles, supporting consistent wash demand and long-term revenue stability.
Listing Contacts
Listed by Matthews
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