Listed by Matthews
$660,000
Scrubby’s Car Wash
Details
Property Type Special Purpose
Sub Type Car Wash
Tenancy Single
Year Built 1985
Buildings 1
Stories 1
Acreage 0.420
Parking Spaces spaces
Dense Residential Demographics | Strong Household Income | High-Growth Market
Investment highlights
- Dense Residential Demographics: More than 45,000 residents within a 3-mile radius provide a strong neighborhood customer base supporting consistent demand for car wash services.
- Strong Household Incomes: The surrounding area reports an average household income of approximately $164,084 within a 3-mile radius.
- High-Growth Market: The local population is projected to grow 22.58% over the next five years, nearly double the national average, signaling expanding long-term demand.
- Prime Positioning: The property is located along Thousand Oaks Blvd just off I-35, offering strong visibility, convenient access, and placement within an established retail and residential corridor that supports consistent customer traffic.
- Future Redevelopment Potential: The parcel presents a strong opportunity for future redevelopment into uses such as a convenience store, retail pad, or other neighborhood-serving commercial concept.
- Income During Redevelopment Planning: Existing car wash operations allow investors to generate income while evaluating or planning a future redevelopment strategy.
- Simple Operating Model: Low overhead and minimal staffing requirements create a streamlined and easy-to-manage investment.
- Well-Maintained Facility: Consistent upkeep has helped preserve the asset and limit near-term operational expenses.
Listing Contacts
Listed by Matthews
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