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34608337

5403 East Belknap Street, Haltom City, TX 76117 For Sale

MK
TX 668556
$1,500,000
0 days on market
Updated 0 days ago

Car Wash Asset Sale

Details
Property Type Retail, Industrial (+1)
Sub Type Business and Building, Car wash asset sale
Square Footage 3,880
Units 1
Occupancy 100%
Class C
Year Renovated 2017
Acreage 0.600
Zoning commercial
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Value-Add Express Car Wash | 100ft Tunnel | Priced at Real Estate & Asset Value

Marketing description

Prime Value-Add Opportunity: Express Car Wash Asset Sale with Real Estate Included

An exceptional opportunity to acquire a fee-simple commercial property and express car wash facility priced at real estate and equipment value. Situated on a prime parcel, this property features a full-length 100-foot wash tunnel with the structural infrastructure required for a modern, high-capacity express car wash operation.

Originally renovated in 2017 and acquired by the current owner in 2019, the facility has been operated under absentee management. Due to the lack of daily on-site oversight, the business is currently underperforming, creating a tremendous upside opportunity for an experienced operator or strategic investor.

Recognizing that the incoming buyer will need to invest capital into modernizing equipment and performing targeted remodeling, the seller has priced the asset aggressively at $1,500,000—offering immediate equity and capital headroom for facility enhancements.

Key Highlights for Prospective Buyers:

  • Unlocking Value-Add Upside: Ideal candidate for rebranding, updating wash equipment, adding modern free-vacuum stations, and launching a recurring Unlimited Wash Club membership program.
  • 100ft Express Tunnel Infrastructure: Provides the proper length and layout to handle high-volume vehicle traffic and multi-stage chemical application arches.
  • Fee Simple Asset Sale: Purchase includes full ownership of the underlying land, building, and existing fixtures/equipment.
  • Motivated Seller: The seller is focused on a smooth transaction and is open to reasonable price negotiations for serious, qualified buyers.

Whether you are an established car wash operator looking to expand your footprint or a commercial real estate investor seeking an asset with significant upside, this property provides the perfect foundation at a fraction of replacement cost.

Investment highlights

Priced at Asset & Real Estate Value: Offered at $1,500,000, essentially valuing the underlying prime commercial land, building, and existing equipment infrastructure below replacement cost.

Full-Length 100ft Express Tunnel: Features a robust 100-foot wash tunnel layout, providing the ideal capacity and structural foundation for modern high-volume express car wash equipment and chemical setups.

Significant Upside Potential (Value-Add): Perfect opportunity for an experienced operator or investor to perform modern upgrades/remodeling, rebrand, and implement an Unlimited Wash Club membership model to maximize NOI.

Fee Simple Real Estate Included: Includes full ownership of the real estate (land and building), offering long-term asset security and capital appreciation potential in a growing market.

Motivated Seller & Price Flexibility: Currently operated under absentee management; the seller is highly motivated and willing to negotiate terms for serious, qualified buyers.

Established Site Infrastructure: Major site renovations completed in 2017 with current ownership acquiring in 2019, ensuring the foundational utility connections and bay layouts are already in place.

Listing Contacts

MK
TX 668556

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Additional Information

Name
MRG Realty Advisors
License
9004935
Brokerage
Mrg Realty Advisors
Brokerage Phone
972-495-2266
Title
Broker of Record
Brokerage Address
2625 Old Denton Rd. #500-G. Carrollton, TX. 75007
Name
Min Kim
License
668556
Brokerage
MRG Realty
Brokerage Phone
9722452266
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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