1012 Hospital Dr - Batavia Car Wash & Quick Lube 2,800 SF Specialty Building Offered at $1,395,000 at a 11.23% Cap Rate in Batavia, OH 45103

Batavia Car Wash & Quick Lube – High performing, turnkey operation sits on 0.91 acres and consists of a 5-bay Car Wash (2,800 SF with 2 auto bays & 3 self serve), a vacant Quick Lube building (1,408 SF with 2 bay pits with scissor lifts), and a Storage Barn (1,170 SF). The Car Wash building was completely rebuilt in 2016, including all associated equipment and mechanical systems. Consistent operating history, offering a solid opportunity for both investors and owner-operators to generate increased revenue and profitability. See the Offering Memorandum for more offering details and financial results.
Investment Upside Potential
• Quick Lube—This building is currently vacant and available for a new owner/occupant or additional income stream with a new tenant, includes two (2) bay pits and two (2) scissor lifts. See Pro Forma for a conservative estimate of market rent potential.
• Storage Barn—This onsite storage building can be used for excess storage of parts for the Car Wash and/or Quick Lube and has the potential to serve as additional storage/operations for another new onsite tenant. Car lift included—available for use by Quick Lube.

Operational Highlights
• Five (5) bay car wash, includes additional revenue streams via vacuums and vending options.
*Two (2) automatic bays—Touchless and Soft-Touch
*Three (3) self-serve bays
*Car Wash building was completely re-built in 2016, including all associated equipment and mechanical systems.
• Consistent operating history, offering a solid opportunity for both investors and owner-operators to generate increased revenue and profitability. See the P&L for details on top-line & bottom line growth.
• Continued revenue growth can be realized via technology/kiosk upgrades, membership programs to enhance customer retention, and continued price increases to meet market demand.
• Frontage along Hospital Drive, near the Bauer Rd exit at State Route 32, generating consistent customer flow via several nearby traffic-generators including Mercy Clermont Hospital...one of the region’s largest intensive care units, a dedicated wound care center, 24/7 emergency care, pulmonology care unit, orthopedic and spine care and surgical services.
• County water/sewer, Duke electric/gas, and Rumpke trash collection.
• Easily accessible, highly visible, and well-maintained site.
• Near McDonalds, Chipotle (new), Biggby Coffee (new), Dairy Queen, UDF, Marathon Gas, Arby’s, Burger King, and many others.

Submarket Highlights
• High demand and favorable age & income demographic profile, with consistent population growth and household income in recent years resulting from a thriving local economy via several economic drivers and new job creation.
• Immediate area is seeing strong commercial and residential development in the surrounding submarkets along SR 32 (Batavia, Mount Orab, Williamsburg).
• The Eastern Corridor Project along SR 32 has significantly impacted Clermont County, enhancing connectivity and reducing congestion in the region.
• $550 million Nestlé Purina PetCare plant in Williamsburg Township (https://www.bizjournals.com/cincinnati/news/2024/09/19/photos-nestle-purina-pet-food-plant-clermont-build.html)
• Continued investment and expansion of the Nestlé Purina campus (https://www.bizjournals.com/cincinnati/news/2024/09/19/clermont-jobsoh-eastern-cincinnati-innovation-park.html)