Cary's Car Wash & Lube Center
Owner/ User | Fort Worth, TX | Upside Potential
Marketing description
Opportunity to acquire the building, business and underlying real estate of a well-established car wash and lube business. Cary's Car Wash & Lube Center is situated on approximately 2.57 acres at 4530 Western Center Blvd in Haltom City, Texas. This owner/user investment opportunity features a 120 ft tunnel car wash with Belanger equipment, 3 vacuum units with 16 hose outlets, and significant development potential to add vacuums and expand operations for a high-volume location.
The property benefits from exceptional visibility and access on Western Center Blvd, which sees over 27,000 vehicles per day. The location is adjacent to a top-performing Walgreens that ranks in the 97th percentile nationally in store visits with over 1.7 million recorded visits in 2024. The 3-mile radius population exceeds 131,000 and is expected to continue growing 5% over the next 5 years. National retailers within half a mile include Albertson's, Kroger, CVS, Chase Bank, Walgreens, KFC, McDonald's, Pinnacle Bank and many more large national retailers.
Investment highlights
- Owner/User Opportunity - Opportunity to acquire the building, business and underlying real estate of a well-established car wash and lube business.
- Top Performing Walgreens - According to AlphaMap Data, the Walgreens next door ranks in the 97th percentile nationally in store visits and in the 91st percentile in the state of Texas with over 1.7 million recorded visits in 2024.
- Large Lot/Development Opportunity - Situated on approximately 2.57 acres, there is a value-add opportunity to utilize the large parcel to add vacuums and allow for a high-volume location.
- High Traffic Counts - Western Center Blvd at this location see's over 27,000 vehicles per day.
- Rapidly Growing Trade Area - The 3-Mile radius population is north of 131,000 and expected to continue growing 5% over the next 5 years according to CoStar data.
- Retailers Nearby - National retailers less than half a mile include Albertson's, Kroger, CVS, Chase Bank, Walgreens, KFC, McDonald's, Pinnacle Bank and many more large national retailers.
- Qualifies For Bonus Depreciation - Car washes qualify for 100% bonus depreciation which allows for additional tax benefits. Please consult your CPA for further details
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