Listed by Matthews
$2,000,000
Wet-N-Jet Fredericksburg
Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 3,649
Tenancy Vacant
Year Built 2015
Acreage 0.830
Zoning Commercial / Special Purpose
Investment Type Owner/User
Ground Lease No
Express Wash - Growing Market - Texas
Marketing description
Wet-N-Jet Car Wash is a owner/user opportunity to acquire an express wash in a growing market with a brand new Chick Fil a and Discount Tire across the street. At below replacement cost, a buyer could achieve positive cashflow form day 1 and experience the growth the new developments in the area will bring. There is a new bank that will be development next door to the property in the near future amongst multiple other commercial and residential developments in the area.
Investment highlights
- Owner/User Opportunity – Rare opportunity to acquire the operating business, real estate, and improvements for this established express tunnel car wash.
- Modern Express Wash Facility – Built in 2015, the property features a well-maintained express wash tunnel in one of Texas' strongest tourism-driven markets.
- Limited Competition – One of only two tunnel car washes serving Fredericksburg, creating a strong competitive position with meaningful upside potential.
- Strong Surrounding Development – Significant recent retail growth includes a new Chick-fil-A directly across the street and a newly opened Discount Tire nearby, further increasing traffic and visibility.
- Rapidly Expanding Trade Area – The population within a 3-mile radius grew 3.33% over the past five years and is projected to increase an additional 4.63% over the next five years, according to CoStar.
- High-Traffic Tourist Destination – Fredericksburg attracts approximately 1.2–1.5 million visitors annually and is home to more than 60 wineries, making it one of Texas' premier tourism destinations.
- Value-Add Potential – Offered significantly below estimated replacement cost, the property presents a compelling opportunity to increase revenue and long-term asset value in a rapidly growing market.
- Strong Retail Synergy – Nearby national retailers include Walmart, Chick-fil-A, Discount Tire, Fairfield Inn & Suites by Marriott, and numerous other established brands that drive consistent area traffic.
- Bonus Depreciation Benefits – Car wash assets may qualify for 100% bonus depreciation, creating potential tax advantages for ownership. Buyers should consult their CPA or tax advisor for additional details.
Listing Contacts
Listed by Matthews
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