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