Listed by Matthews
$2,500,000
Wet-n-Jet Car Wash
Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 10,582
Tenancy Vacant
Year Built 2008
Acreage 2.700
Zoning Special Purpose / Warehouse
Investment Type Owner/User
Ground Lease No
Owner / User Car Wash - 2.69 acres of Land - Development Opportunity
Marketing description
Wet-n-Jet Car Wash is a locally operated car wash in San Antonio, Texas, serving the greater San Antonio market with express and self service car wash offerings. The back part of the property is zoned Industrial / Self Storage and is located within San Antonio's Extraterritorial Jurisdiction (ETJ), meaning it falls outside city limits and is subject to Bexar County's streamlined permitting process. There is also a value add opportunity to install a In-Bay Automatic wash to one of the self service bays to offer another car wash format.
Investment highlights
- Property Zoning: The property is located within San Antonio's Extraterritorial Jurisdiction (ETJ), meaning it falls outside city limits and is subject to Bexar County's streamlined permitting process rather than the City's more restrictive municipal regulations. This provides a prospective buyer with significantly greater flexibility and efficiency when seeking approvals for improvements to the existing car wash or future development of the rear land.
- Owner/User Opportunity: Opportunity to acquire the building, business and underlying real estate of 2 newer construction express car wash sites.
- Large Lot/Development Opportunity: Situated on approximately ±2.70 acres, there is a value-add opportunity to utilize the back ±1.5 acres for additional development of self-storage or something similar.
- High Traffic Counts: FM 78 sees just over ±33,000 Vehicles Per Day with a convenient middle turn lane and 2 access points to the car wash.
- Different Wash Types: The property features a 150ft express wash tunnel but also 7 self-service bays allowing the site to cater to different customer preferences and maximize customer convenience.
- Rapidly Growing Trade Area: The 3-Mile radius population is north of 117,982 and expected to continue growing 5.5% over the next 5 years according to CoStar data.
- Value Add Opportunity: Opportunity to install a touchless automatic machine in one of the self-serve bays and offer 3 different wash types and one of the only touchless washes in the trade area.
- Retailers Nearby: Retailers nearby include H-E-B, Chick Fil A, Woodlake Crossing Shopping Center, O'Reilly's, Rittiman Pointe Shopping Mall, AutoZone, and many more large national retailers.
Listing Contacts
Listed by Matthews
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