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18324 E 104th Ave - Reunion Car Wash 1,964 SF Specialty Building Offered at $3,400,000 in Commerce City, CO 80022
INVESTMENT HIGHLIGHTS
- Accessible from all four directions; shared easements on all driveways; very high gross sales;
EXECUTIVE SUMMARY
High sales volume Neighborhood 4+2 Car Wash in fast growing Reunion Marketplace in NE Commerce City, CO.
Very profitable and dominates the marketplace. Located at 104th Ave and Tower Rd (which feeds to Pena Blvd and Denver Intl. Airport).
EBITDA multiple is 10.21; GIM is 6.15; Free Cash Flow is $160K SBA financing available with between 12% to 15% down payment.
Conoco Gas station and NAPA Auto Parts located next door. Starbucks adjacent to the east with Sonic Drive Thru Rest. next to it. Large strip center with 3 restaurants (one a free standing drive thru), a Wells Fargo Bank and a 2 story medical office building all within same commercial development with car wash.
104th Ave is the main E-W drive thru Reunion and connects with E470 Expressway 1 block east of the car wash and Tower Rd. ADT past site on 104th is 18,000 and on Tower Rd. 28,000.
Very profitable and dominates the marketplace. Located at 104th Ave and Tower Rd (which feeds to Pena Blvd and Denver Intl. Airport).
EBITDA multiple is 10.21; GIM is 6.15; Free Cash Flow is $160K SBA financing available with between 12% to 15% down payment.
Conoco Gas station and NAPA Auto Parts located next door. Starbucks adjacent to the east with Sonic Drive Thru Rest. next to it. Large strip center with 3 restaurants (one a free standing drive thru), a Wells Fargo Bank and a 2 story medical office building all within same commercial development with car wash.
104th Ave is the main E-W drive thru Reunion and connects with E470 Expressway 1 block east of the car wash and Tower Rd. ADT past site on 104th is 18,000 and on Tower Rd. 28,000.
PROPERTY FACTS
| Price | $3,400,000 | Building Class | C |
| Price Per SF | $1,731.16 | Lot Size | 0.74 AC |
| Sale Type | Owner User | Building Size | 1,964 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2007 |
| Zoning | C-1 | ||
| Price | $3,400,000 |
| Price Per SF | $1,731.16 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 1,964 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Zoning | C-1 |
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 1723-16-1-21-006 | Improvements Assessment | $139,400 |
| Land Assessment | $121,570 | Total Assessment | $260,970 |
PROPERTY TAXES
Parcel Number
1723-16-1-21-006
Land Assessment
$121,570
Improvements Assessment
$139,400
Total Assessment
$260,970
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Presented by
Howald Associates Real Estate
18324 E 104th Ave - Reunion Car Wash
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