Apple Car Wash & Lube Center | Sam's Club Outparcel
$160k+ Avg. HHI | 100% Bonus Depreciation
Marketing description
Apple Car Wash & Lube Center in Richmond, Texas has been Family‑owned and operated since 2016, offering a full suite of automotive services to their many valued and loyal customers. They care and cater to each vehicle as if it is our own. Whether it is detailing, washing, or lube work, customers know their vehicle is in good hands at Apple Car Wash & Lube Center.
Their Car Wash, Detailing Service, Inspection & Express Lube Center are open 7 days a week, and customers can schedule any service conveniently on their website.
For added convenience, Apple Car Wash & Lube Center offers on‑site convenience store beverages, snacks, gift items, and car accessories at a competitive rate. They have a comfortable lounge area and seating throughout with free Wi-Fi, Televisions, and restrooms so customers can relax or stay productive while their car gets the care it needs.
Investment highlights
- Demographics & Growth ‑ Average Household Income Exceeds $160k and Population Exceeds 258k, with Local Population Estimated to Grow 8.5% by 2030 to Over 280k+ Residents.
- Stabilized Business ‑ Provides New Owner Strong Day‑One Cash flow, While Still Offering Potential Upside Through Improved Operational Efficiencies.
- Access & Visibility ‑ Frontage on Bellaire Boulevard and Immediate Access to/from Grand Parkway (SH 99), with a Combined Traffic Above 65,000 Vehicles Per Day.
- Located in a Sam’s Club Outparcel ‑ Surrounding National Retailers Include Walmart, Kohl’s, Ross, Petsmart, Total Wine & More, AutoZone, Popeye’s, Whataburger, McDonald’s, Taco Bell, Buffalo Wild Wings, and More.
- Potential Tax Benefits ‑ Subject Property May Qualify for Tax Savings via Accelerated Depreciation and Cost Segregation.
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