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1523 E Southern Ave - Car wash Express $1.9M w land 4,638 SF Specialty Building Offered at $1,900,000 at a 9% Cap Rate in Phoenix, AZ 85040
Investment Highlights
- Absentee owner
- SBA approved for loan
- Owner has 2nd Express NE Phx $3.3M w land for sale
Executive Summary
Express car wash SE Phoenix, AZ loc. Absentee owner. Fully functional and staffed, 100' Sonny's equipment and tunnel with 15 vacuum's. Loyal customer base with 256 memberships. Owner also has another express wash for sale w land marketed at $3.3M; motivated to sell as a pair. Broker has 2 lenders the have underwritten the washes and SBA pre approved subject to buyers financials'. ALL offer must accompany signed NDA and POF.
Property Facts
| Price | $1,900,000 | Building Class | B |
| Price Per SF | $409.66 | Lot Size | 1.17 AC |
| Sale Type | Investment or Owner User | Building Size | 4,638 SF |
| Cap Rate | 9% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2008 |
| Property Type | Specialty | Parking Ratio | 3.88/1,000 SF |
| Property Subtype | Car Wash | ||
| Zoning | PSC - commercial 1.17 +- acre w additional parking, in anchor shopping center. | ||
| Price | $1,900,000 |
| Price Per SF | $409.66 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.17 AC |
| Building Size | 4,638 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 3.88/1,000 SF |
| Zoning | PSC - commercial 1.17 +- acre w additional parking, in anchor shopping center. |
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 114-29-097 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $176,400 |
Property Taxes
Parcel Number
114-29-097
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$176,400
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1523 E Southern Ave - Car wash Express $1.9M w land
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