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Imperial Car Wash Portfolio 2 Specialty Properties Offered at $5,000,000 in Waterford, MI
Investment Highlights
- Both sites are operational and revenue-generating with newly installed equipment, offered at a meaningful discount to estimated replacement cost.
- Site 1 fronts the 74-acre Oakland County Business Center, a $63M mixed-use redevelopment of the former Summit Place Mall.
- Both sites benefit from Oakland County's exceptional demographics, one of the wealthiest counties in the U.S., anchored by national retailers.
- Waterford Township maintains an active moratorium on new car wash development, directly protecting both sites from new supply within the trade area.
- Site 1 sits on Elizabeth Lake Road near the Telegraph Road corridor, a primary north-south artery in Oakland County.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the Imperial Car Wash Portfolio, comprising of 2 operational car wash facilities in Waterford Township, MI. The offering includes a 125-foot full-service site at 521 Elizabeth Lake Road and a 98-foot express site at 3456 Highland Road, both featuring newly installed Motor City Wash Works equipment and DRB SiteWatch POS systems. The portfolio is offered at a meaningful discount to replacement cost, with attractive in-place cash flow and a municipal moratorium on new car wash development providing a durable barrier to new competition. The properties are available for acquisition as a portfolio or may be purchased individually, offering investors flexibility to pursue either a scaled platform or a single-asset investment opportunity.
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113
Property Facts
| Price | $5,000,000 | Number of Properties | 2 |
| Price / SF | $476.55 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 10,492 SF |
| Status | Active | Total Land Area | 1.50 AC |
| Price | $5,000,000 |
| Price / SF | $476.55 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,492 SF |
| Total Land Area | 1.50 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 521 Elizabeth Lake Rd, Waterford, MI 48328 | Specialty | 7,492 SF | 1975 | - |
|
Kelly Car Wash
3456 Highland Rd, Waterford, MI 48328 |
Specialty | 3,000 SF | 2004 | - |
1 1
Contacts
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Chase Martino -
Dane Garson -
Tyler McGarry -
Sands Investment Group Santa Monica, LLC
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Imperial Car Wash Portfolio
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