Elephant Car Wash

Strong In-Place Cash Flow This property benefits from dual income streams with revenue generated from the car wash and a leased espresso shop, enhancing cash flow stability.
Site Advantages The property sits on Martin Way E, a major thoroughfare in Lacey, WA benefiting from high visibility and accessibility, drawing significant customer traffic to both the car wash and espresso shop. The wash has 4 SS bays, and two automatics (updated in 2021) ensuring operational efficiency and reduced maintenance costs.
Value-Add/Upside Potential The multi-bay configuration offers potential for converting additional self-serve bays to automatics, technological upgrades, etc. all potentially increasing site traffic and revenue.
Long-Term Lease with Increases The espresso shop lease, under an established coffee brand, BigFoot Java, offers a 5-year initial term with eight 5-year renewal options and 3% annual rent escalations, providing consistent rent growth.
Market Fundamentals & Growth Potential Located in a growing Olympia retail corridor with increasing residential and commercial development. The property is in a high-demand wash area providing essential service with a loyal, repeat customer base. Positioned for scalable growth and increased profitability under new ownership.

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