Listed by CityPlat LLC
$1,700,000
1723 S. Miami Boulevard
Details
APN 165020
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,474
Cap Rate 10.02%
NOI $170,262
Tenancy Single
Acreage 0.856
Zoning Commercial General (CG)
Investment Type Stabilized
Ground Lease No
Well-located car wash. Cash flow day one
Marketing description
Own a piece of one of NC's hottest markets. This established, income-producing car wash at 1723 S Miami Blvd in Durham is fully operational and cash-flowing from day one. Rarely does a proven wash like this hit the market. A true turnkey opportunity.
Investment highlights
- 6 self serve bays and 2 automatic bays
- +/- 35,000 vehicles per day (NCDOT)
- Full revenue package: 7 vacuums, air/vac station, Hamilton auto cashiers, vending
- Zoned Commercial General (CG); Parcel ID 165020
- High growth market.
- Minutes from RDU Airport, RTP, and Downtown Durham
Listing Contacts
Listed by CityPlat LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,262.00
$14,188.50/mo
Valuation Metrics
0
DSCR
10.02%
Cap Rate
10.02%
ROI
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