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3915 Oleander Dr - Tommy's Express Car Wash 6,000 SF Specialty Building Offered at $6,800,000 in Wilmington, NC 28403
INVESTMENT HIGHLIGHTS
- Prime Retail Location
- Prime Visibility Off of Oleander Dr | ±31,000 VPD | Thoroughfare to Downtown Wilmington
- Rapid Industry Growth | 72% of Drivers Use Professional Car Washing Services
- Strong Demographics | Expected 9% Population Growth | AHHI $83K
- Wilmington, NC | Popular Tourist Destination | $1.1B in Visitor Spending
- Eligible for Accelerated Depreciation & 100% Bonus Depreciation
EXECUTIVE SUMMARY
Northmarq is pleased to present a rare opportunity for qualified investors to acquire a fee simple express car wash, inclusive of both the business and real estate, located in Wilmington, North Carolina. This investment is positioned along Oleander Drive, a high-traffic corridor with ±31,000 VPD, and benefits from strong demographics including over 78,000 residents within 3 miles and an average household income of $83,250. Additionally, fee simple car wash properties may qualify for accelerated depreciation and a bonus depreciation benefit (investors should consult their tax professional for details).
PROPERTY FACTS
| Price | $6,800,000 | Building Class | B |
| Price Per SF | $1,133.33 | Lot Size | 1.10 AC |
| Sale Type | Investment | Building Size | 6,000 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2023 |
| Zoning | CB,COMMUNI - Community Business | ||
| Price | $6,800,000 |
| Price Per SF | $1,133.33 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.10 AC |
| Building Size | 6,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | CB,COMMUNI - Community Business |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | R05518-023-002-000 | Improvements Assessment | $1,248,500 |
| Land Assessment | $1,171,300 | Total Assessment | $2,419,800 |
PROPERTY TAXES
Parcel Number
R05518-023-002-000
Land Assessment
$1,171,300
Improvements Assessment
$1,248,500
Total Assessment
$2,419,800
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3915 Oleander Dr - Tommy's Express Car Wash
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