Listed by Creek Price Edwards
$1,650,000
Red Roof Car Wash
Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,896
Units 1
Cap Rate 12.98%
NOI $214,147
Tenancy Single
Price per SqFt $337
Class B
Year Built 2003
Lot Size (SqFt) 39,911
Zoning C-2
261 12th Ave SE, Norman, OK 73071
Marketing description
Just off the corner of Alameda and 12th Ave, this car wash features 2 touchless autos and 8 self service bays. Equipped with vacuum stations, card readers, and cash/coin machines, this wash can be ran with low overhead. The surrounding neighbors include Harbor Freight, Taco Bueno, Public Storage, and more.
Investment highlights
- 2 Touchless Auto Bays (PDQ Laserwash 4000)
- 8 Self Service Bays
- 14 Vacuums
- 25,353 VPD on 12th Ave SE
Listing Contacts
Listed by Creek Price Edwards
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$214,147.00
$17,845.58/mo
Valuation Metrics
0
DSCR
12.98%
Cap Rate
12.98%
ROI
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