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7 Established Car Washes 7 Specialty Properties Offered at $9,600,000 in Multiple Locations
EXECUTIVE SUMMARY
PRG is pleased to present a unique opportunity with 7 fully operational car wash locations across the Louisville MSA. This portfolio includes the underlying real estate for 6 of the locations and a ground lease for one, all strategically positioned in high-demand, mature sub-markets.
These assets are owned by long-term stakeholders and have been consistently managed with professionalism over the years. This offering provides an investor with the chance to step into a well-established business model while adding value through continued long-term improvements and enhancements. Each site features a mix of self-service and automatic bays, and they have been meticulously maintained, with necessary upgrades, modernization and enhancements.
The car wash industry has proven to be resilient, offering steady performance even during economic downturns. This creates a prime opportunity for an experienced operator seeking to expand their portfolio, or an investor interested in diversifying into a stable real estate investment with strong, reliable cash flow.
These assets are owned by long-term stakeholders and have been consistently managed with professionalism over the years. This offering provides an investor with the chance to step into a well-established business model while adding value through continued long-term improvements and enhancements. Each site features a mix of self-service and automatic bays, and they have been meticulously maintained, with necessary upgrades, modernization and enhancements.
The car wash industry has proven to be resilient, offering steady performance even during economic downturns. This creates a prime opportunity for an experienced operator seeking to expand their portfolio, or an investor interested in diversifying into a stable real estate investment with strong, reliable cash flow.
PROPERTY FACTS
| Price | $9,600,000 | Number of Properties | 7 |
| Price / SF | $150.77 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 63,672 SF |
| Status | Active | Total Land Area | 3.46 AC |
| Price | $9,600,000 |
| Price / SF | $150.77 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 63,672 SF |
| Total Land Area | 3.46 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 114 Knable Ln, New Albany, IN 47150 | Specialty | 3,937 SF | 1995 | - |
| 4207 Charlestown Rd, New Albany, IN 47150 | Specialty | 3,709 SF | 2004 | - |
| 7610 In-311 Hwy, Sellersburg, IN 47172 | Specialty | 3,898 SF | 1997 | - |
| 3028 Poplar Level Rd, Louisville, KY 40217 | Specialty | 4,006 SF | 1998 | - |
| 2911 Hikes Ln, Louisville, KY 40218 | Specialty | 3,509 SF | 2007 | - |
|
T's Car Wash
6500 Greenwood Dr, Louisville, KY 40258 |
Specialty | 3,231 SF | 2015 | - |
| 1888 Midland Trl, Shelbyville, KY 40065 | Specialty | 41,382 SF | 2000 | - |
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7 Established Car Washes
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