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34361013
34361012

150 Jonathans Way, Suffolk, VA 23434 For Sale

JD
TX TX 725832
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
$5,500,000
5 days on market
Updated 5 days ago

Vortex Express Car Wash

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 3,456
Net Rentable (SqFt) 3,456
Class A
Year Built 2023
Acreage 2.240
Investment Type Owner/User
Ground Lease No

Express Car Wash | Business & Underlying Real Estate

Marketing description

Marcus & Millichap is pleased to present Vortex Car Wash, a high-quality express car wash investment opportunity strategically located at 150 Jonathans Way in Suffolk, Virginia, within the Hampton Roads Metropolitan Area. The offering provides investors with exposure to one of Virginia’s fastest-growing regional markets, benefiting from steady population growth, expanding residential and commercial development, and direct access to major regional transportation infrastructure. Vortex Car Wash represents a compelling opportunity for investors seeking durable cash flow, modern real estate, and scalable participation in the express car wash sector within a high-traffic commercial corridor.

Vortex Car Wash is a newly constructed express wash featuring modern equipment, efficient site design, and strong curb appeal, positioned to capture consistent daily traffic and repeat customer utilization. The asset benefits from its strategic location along North Main Street, one of Suffolk’s primary commercial corridors, providing long-term performance durability and operational upside. The combination of modern infrastructure, limited nearby express wash competition, and favorable local demographics supports strong membership penetration and recurring revenue potential.

Location Overview — Suffolk, Virginia

Vortex Car Wash is located in Suffolk, Virginia, one of the fastest-growing cities within the Hampton Roads Metropolitan Area. The property is strategically positioned along North Main Street with convenient access to U.S. Route 58, U.S. Route 460, Route 10, and Interstate 664, providing seamless connectivity throughout the Hampton Roads region, including Chesapeake, Portsmouth, Norfolk, and Newport News.

The surrounding trade area is anchored by a growing mix of residential communities, retail centers, industrial users, healthcare providers, and commercial development. Suffolk has become a major growth market within Hampton Roads due to its available land, expanding population, and proximity to the Port of Virginia, military installations, and regional employment centers. The area’s diversified economy supports a stable and growing consumer base while generating consistent daily traffic and customer activity.

Nearby retail and service-oriented co-tenancy includes Walmart Supercenter, Lowe’s, Food Lion, Lidl, Chick-fil-A, Starbucks, Walgreens, CVS, Harbor Freight, Tractor Supply, and numerous national and regional retailers located throughout Suffolk. Continued commercial development along the North Main Street corridor reinforces strong traffic patterns and repeat visitation. The area’s limited supply of competing express car wash facilities further enhances Vortex Car Wash’s competitive positioning and supports long-term pricing power.

Demographics & Market Fundamentals

The Suffolk submarket benefits from favorable demographic trends, including continued population growth, strong employment drivers, and consistent household formation. The broader Hampton Roads region continues to attract families, military personnel, logistics professionals, and healthcare workers seeking affordability, employment opportunities, and a high quality of life. Ongoing residential development and commercial expansion throughout Suffolk continue to grow the property’s built-in customer base while supporting sustained demand for convenience-oriented services.

Additionally, the property’s proximity to major employment anchors, including the Port of Virginia, military installations, industrial and logistics facilities, healthcare providers, and regional transportation corridors, drives consistent weekday traffic volumes and reinforces utilization patterns ideal for express wash operations.

Investment Thesis & Strategic Positioning

Vortex Car Wash offers investors a differentiated opportunity to acquire a modern express wash asset in a high-growth Hampton Roads market supported by durable demand drivers. The property’s strategic location along a major commercial corridor, proximity to established residential communities, and access to significant employment centers underpin long-term traffic stability and customer acquisition.

New construction minimizes near-term capital expenditure requirements while positioning the asset for operational efficiencies, margin stability, and scalable membership growth. As population growth, residential development, and commercial investment continue throughout Suffolk and the Hampton Roads region, Vortex Car Wash is well positioned to benefit from sustained utilization and long-term value appreciation.

For investors seeking exposure to the express car wash sector with an emphasis on modern real estate, resilient consumer demand, and access to one of Virginia’s strongest and fastest-growing regional economies, Vortex Car Wash represents a compelling opportunity to secure durable income and long-term market participation within the Hampton Roads Metropolitan Area.

Investment highlights

– Turn-Key Operation – Sale includes both the business and underlying real estate, providing immediate operational and investment potential.

– High Traffic Location – Strategically located along a high-traffic corridor and positioned along primary commercial arteries with steady local and regional traffic.

– Growing Residential Markets – Suffolk, Virginia is experiencing Strong Residential Growth Driven by Population Increases and Economic Expansion.

– 100% Bonus Depreciation – Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.

Listing Contacts

JD
TX TX 725832
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

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Additional Information

Name
Brian Hosey
License
VA 0225247494
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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