Car Wash Portfolio - New Construction - Touchless In-Bay Automatics
Retail-Commercial
for Sale
| Catylist Listing ID: |
30872782 |
| Property Subtypes: |
Car Wash
|
| Building Size (RSF): |
5,374 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$9,500,000 |
| Unit Price: |
$1,767 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
11.34% |
| Last Updated: |
7/10/2024 |
Overview / Comments
Opportunity to acquire three newly constructed car wash properties strategically located in New Hampshire and Maine. These operations are positioned to take advantage of high daily traffic counts in popular local trade areas. The Acadia Carwash in Ellsworth, Maine and the Granite State Carwash in Rochester, New Hampshire are fully operational, while the Keene, New Hampshire location will be coming online during the Summer of ’24. This opportunity will allow a new owner to benefit from significant cash flow growth as the properties stabilize.
To obtain more detailed financial information, the execution of a confidentiality agreement is required. Please refer to the attached document for further instructions.
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Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Submarket/Township: |
Dover/Rochester/Somersworth |
| Tax ID/APN: |
Various |
| Zoning: |
DT-DOWNTOWN; COM-COMMERCIAL; HIGHWAY COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
3 |
| Lot Frontage: |
Unknown |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,581 |
27,372 |
40,305 |
| Median Age: |
37.12 |
40.32 |
40.73 |
| Households: |
2,777 |
11,210 |
16,403 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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