8611 Loch Raven Blvd, Towson, MD, 21286
Captain Car Wash
Key Information
Highlights
• Established Business With Significant Value-Add Potential – Captain Car Wash offers the opportunity to acquire an established operation with a long standing customer base and significant upside through modernization. Potential value-add initiatives include equipment upgrades, refreshed branding and signage, enhanced curb appeal, operational improvements, expanded customer amenities, and the implementation of a modern membership program.
• Dense, Affluent & High-Spending Trade Area – The property is positioned within an exceptionally strong Towson trade area, with approximately 141,730 residents and 55,980 households within three miles, expanding to more than 324,483 residents, 118,700 households, and a workday population of 320,000 within five miles. Average household income reaches approximately $117,440 within three miles and $126,742 within five miles, supported by approximately $3.6 billion and $8.6 billion in annual consumer spending, respectively.
• High-Traffic Loch Raven Boulevard Location – Strategically positioned along Loch Raven Boulevard, Captain Car Wash benefits from approximately 23,000 vehicles per day directly in front of the property, strong visibility, and convenient access to the surrounding Towson trade area. The combination of significant daily traffic and a dense surrounding residential and commercial population provides a strong foundation for continued car wash demand.
• Surrounded By Major Retail & Daily Traffic Generators – Captain Car Wash is surrounded by a significant concentration of national retailers, restaurants, and shopping destinations that generate consistent daily traffic throughout the immediate trade area. Within approximately two miles of the property, nearby demand drivers include Target, Home Depot, Lowe’s, ALDI, Safeway, Giant Food, CVS, Walgreens, Planet Fitness, Chick-fil-A, McDonald’s, Chipotle, CAVA, Dunkin’, Taco Bell, Dollar Tree, Five Below, and numerous additional retailers. Major nearby shopping destinations include Towson Place, Loch Raven Plaza, Ravenwood Shopping Center, Pleasant Plains Shopping Center, North Plaza Shopping Center, and Towson Town Center.
• Strong Educational, Residential & Community Demand Drivers – The property benefits from a diverse mix of residential, educational, employment, and community demand generators throughout the surrounding Towson market. Towson University is located approximately 2.5 miles from the property, with Goucher College also nearby, while extensive multifamily communities, established residential neighborhoods, schools, healthcare providers, parks, and community facilities further support consistent local demand.
• Owner / User Opportunity – Opportunity to acquire the operating business, building, and underlying real estate, providing an owner-user or experienced operator with direct control over operations, future capital improvements, and long-term value creation.
• Tax Advantaged Investment – Car washes may qualify for bonus depreciation and accelerated depreciation benefits, potentially enhancing investor returns. Please consult with your CPA for additional details.
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