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34372296
34372297

700 E Beebe Capps Expy, Searcy, AR 72143 For Sale

RN
01324570
Marcus & Millichap - Los Angeles
SJ
CA 02443927
Listed by Marcus & Millichap - Los Angeles
$3,550,000
6 days on market
Updated 4 days ago

Oasis Car Wash | Fee Simple | 2018 Build | Searcy, AR

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,018
Occupancy 100%
Year Built 2018
Acreage 1.880
Ground Lease No

Special Purpose | 4,018 SqFt

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire an established Oasis Car Wash business and fee simple real estate at 700 East Beebe Capps Expressway in Searcy, Arkansas. The ±4,018-square-foot facility, built in 2018, sits on ±1.88 acres and features two automatic wash bays and three self-serve bays, delivering proven cash flow with very low labor requirements supporting absentee ownership. The business generates $184,481 in current EBITDA at a 5.20% yield, with projected EBITDA of $197,081 through low-cost vending additions. A membership program utilizing license plate recognition technology drives predictable recurring revenue. The property is eligible for 100% bonus depreciation.

The property sits along East Beebe Capps Expressway (U.S. Highway 64, ±18,032 VPD) at its signalized intersection with Main Street (±13,014 VPD), with access to Interstate 57. Nearby retailers include Walmart, Dollar Tree, and Slim Chickens, with Searcy City Center anchored by Academy Sports + Outdoors, Hobby Lobby, TJ Maxx, and a future Target. Harding University (4,700+ enrollment) and Arkansas State University Beebe's Searcy campus are directly adjacent. The 3-mile trade area holds 24,075 residents with an average household income of $80,645, supported by Unity Health-White County Medical Center and the $93 million #MySearcy community investment initiative. Searcy, a top-10 fastest-growing community in Arkansas, sits within the Searcy MSA (79,575 residents) along the I-57 corridor connecting Little Rock and Jonesboro.

Investment highlights

  • Fee Simple Business + Real Estate Acquisition | Established Oasis Car Wash w/ 2 Automatic and 4 Self-Serve Bays
  • $184,481 Current EBITDA at a 5.20% Yield | Projected $197,081 w/ Low-Cost Vending Additions
  • Very Low-Labor, Absentee Ownership Operation w/ Recurring Membership Revenue
  • 100% Bonus Depreciation Eligible | 2018 Construction | ±4,018 SF on ±1.88 Acres

Listing Contacts

RN
01324570
Marcus & Millichap - Los Angeles
SJ
CA 02443927
Listed by Marcus & Millichap - Los Angeles

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Additional Information

Name
Steve Greer
License
PB00098133
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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