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Owner/User Car Wash | High-Traffic Area 10215 Watson Rd 4,226 SF Specialty Building Online Auction Sale Saint Louis, MO 63127
INVESTMENT HIGHLIGHTS
- SALE-LEASEBACK ADVANTAGE – Capitalize on the option to sell the car wash through a sale-leaseback, enabling the recoup of the initial investment.
- HIGH-UPSIDE OPPORTUNITY – This site offers a prime business opportunity, allowing a new investor to take over and increase sales through marketing.
- STRONG MARKET DEMAND FOR CAR WASH SERVICES – The car wash industry continues to see increasing consumer demand, driven by subscription models.
- BONUS DEPRECIATION – Fee simple ownership of a car wash gives the landlord the opportunity to use an accelerated bonus depreciation model (verify).
- HIGH-TRAFFIC AREA – The subject property is situated and excellently visible along Old Rte 66, a major thoroughfare in the city of St. Louis.
- REDEVELOPMENT POTENTIAL – With its prime location, high traffic counts, and existing drive-through infrastructure, this property offers major upside.
EXECUTIVE SUMMARY
Prime Net Lease is pleased to present a rare owner/user opportunity to acquire the fee simple interest in a recently remodeled, freestanding car wash in St. Louis, Missouri, a dynamic and well-trafficked market. Originally built in 1989 as a drive-through car wash, the property underwent significant renovations in 2018, enhancing its infrastructure and operational efficiency. This site presents a prime opportunity for an owner-operator or tenant to establish a successful business. Fee simple ownership of a car wash also provides investors with the opportunity to benefit from accelerated bonus depreciation (buyer to verify).
Strategically located along Old Route 66, a major commercial corridor with 10,000+ vehicles per day, the property benefits from excellent visibility and accessibility. It is easily reached from Interstate 44 and is just minutes from Downtown St. Louis. Additionally, the site is surrounded by top national retailers, including Chick-fil-A, O’Reilly Auto Parts, Enterprise Rent-A-Car, Advance Auto Parts, UPS, and Denny’s, ensuring consistent consumer traffic.
Beyond its existing use as a car wash, this property also presents a prime redevelopment opportunity for investors or businesses looking to convert the site into another drive-through concept, such as a quick-service restaurant (QSR), coffee shop, or express oil change facility. With its high-traffic location, strong market fundamentals, and adaptable layout, this site offers excellent potential for long-term value and growth.
Property tours are by appointment only. Please contact the listing broker to schedule.
Strategically located along Old Route 66, a major commercial corridor with 10,000+ vehicles per day, the property benefits from excellent visibility and accessibility. It is easily reached from Interstate 44 and is just minutes from Downtown St. Louis. Additionally, the site is surrounded by top national retailers, including Chick-fil-A, O’Reilly Auto Parts, Enterprise Rent-A-Car, Advance Auto Parts, UPS, and Denny’s, ensuring consistent consumer traffic.
Beyond its existing use as a car wash, this property also presents a prime redevelopment opportunity for investors or businesses looking to convert the site into another drive-through concept, such as a quick-service restaurant (QSR), coffee shop, or express oil change facility. With its high-traffic location, strong market fundamentals, and adaptable layout, this site offers excellent potential for long-term value and growth.
Property tours are by appointment only. Please contact the listing broker to schedule.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Purchase Agreement
- Operating and Financial Statements
- Title and Insurance
- Third Party Reports
- Miscellaneous
PROPERTY FACTS
| Sale Type | Investment | Building Size | 4,226 SF |
| Sale Condition | Auction Sale | No. Stories | 1 |
| Type of Ownership | Fee Simple | Year Built/Renovated | 1989/2018 |
| Property Type | Specialty | Parking Ratio | 1.89/1,000 SF |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B | Parcel Number | 25M-23-2231 |
| Lot Size | 0.41 AC | ||
| Zoning | E | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 4,226 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1989/2018 |
| Parking Ratio | 1.89/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | E |
| Parcel Number | 25M-23-2231 |
AMENITIES
- Bus Line
- Signage
SALE ADVISOR
SALE ADVISOR
Adrian Stepien, Senior Associate
Adrian is an Senior Associate at Prime Net Lease specializing in single and multi-tenant Net Leased retail properties with a special focus on Car Washes and QSRs.
With over 9-years’ experience in commercial real estate, Adrian epitomizes integrity, effort, energy, and customer service in every detail of your investment acquisition or disposition. With wide-ranging knowledge in the fields of accounting and finance, Adrian is astute at evaluating properties, transacting, and negotiating contracts, thus ensuring the best possible outcome for his clients. As a 1031 expert, Adrian ensures all his clients pursuing the exchange model are fully informed throughout the entire process and have a multitude of exchange options.
Before starting his career in real estate, Adrian worked as an accountant for an architectural firm in Los Angeles. This experience spurred his interest in commercial properties and provided him with the opportunity to gain vast market knowledge, while understanding how to maximize financial gain.
Adrian graduated from the University of California, Santa Barbara with a bachelor’s degree in business economics with an Emphasis in Accounting, along with a minor in Sports Management and Medicine. He was an active member and leader of the Alpha Tau Omega fraternity.
Outside of the office, Adrian likes to spend his time outdoors, hiking, playing sports, and living an active lifestyle.
With over 9-years’ experience in commercial real estate, Adrian epitomizes integrity, effort, energy, and customer service in every detail of your investment acquisition or disposition. With wide-ranging knowledge in the fields of accounting and finance, Adrian is astute at evaluating properties, transacting, and negotiating contracts, thus ensuring the best possible outcome for his clients. As a 1031 expert, Adrian ensures all his clients pursuing the exchange model are fully informed throughout the entire process and have a multitude of exchange options.
Before starting his career in real estate, Adrian worked as an accountant for an architectural firm in Los Angeles. This experience spurred his interest in commercial properties and provided him with the opportunity to gain vast market knowledge, while understanding how to maximize financial gain.
Adrian graduated from the University of California, Santa Barbara with a bachelor’s degree in business economics with an Emphasis in Accounting, along with a minor in Sports Management and Medicine. He was an active member and leader of the Alpha Tau Omega fraternity.
Outside of the office, Adrian likes to spend his time outdoors, hiking, playing sports, and living an active lifestyle.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Sophy Cardenas
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr 2016002032
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Owner/User Car Wash | High-Traffic Area | 10215 Watson Rd
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Owner/User Car Wash | High-Traffic Area | 10215 Watson Rd
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