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101 River Oaks Cove, Georgetown, TX, 78626

Peak Shine Car Wash

$3,250,000

Key Information

Lot Size
1.37 Acres
Year Built
2020
Type
Retail

Highlights

Jake Lurie & Andrew Doerr (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).

• Limited Comparable Inventory: This offering represents one of the few car wash investment opportunities currently available within the Austin MSA. The nearest comparable car wash listed for sale is nearly 50 miles away in Kyle, Texas, highlighting the scarcity of available inventory in one of the nation’s fastest-growing metropolitan areas.
• Excellent Interstate Visibility & Accessibility: Positioned along the I-35 frontage road with approximately 24,773 vehicles per day, the property benefits from outstanding visibility and convenient access. Additionally, Interstate 35 carries approximately 62,850 vehicles per day, providing exceptional exposure to one of Central Texas’ primary north-south transportation corridors.
• Priced Well Below Replacement Cost: Opportunity to acquire a nearly new express car wash at a significant discount to today’s replacement cost, providing an attractive basis with substantial barriers to new development.
• Plug-and-Play Express Car Wash Opportunity: Rare opportunity for an owner-operator or institutional platform to acquire a fully built, high-quality express car wash that is ready for immediate operation. All equipment is in excellent condition, allowing a new owner to quickly launch operations while avoiding the time, cost, and entitlement risk associated with ground-up development.
• State-of-the-Art 125′ Tunnel: Equipped with a 125-feet Motor City conveyor tunnel designed to maximize throughput, operational efficiency, and wash capacity.
• Industry-Leading Equipment: Outfitted with premium Motor City car wash equipment and an ICS point-of-sale system, two of the industry’s most recognized platforms for reliability and operational performance.
• Modern 2020 Construction: Newly developed express car wash built in 2020, offering investors a high-quality asset with limited near-term capital expenditure requirements.
• Large 1.37-Acre Parcel: The oversized 1.37-acre site comfortably accommodates the express tunnel, 16 vacuum stations, and generous vehicle queuing, creating a highly functional layout designed for operational efficiency.
• One of Texas’ Fastest-Growing Communities: Located in Georgetown, one of the fastest-growing cities in the nation, the property benefits from exceptional demographic momentum, with the surrounding trade area experiencing more than 10% population growth between 2020 and 2025. Continued residential expansion and increasing consumer demand support strong long-term fundamentals for express car wash operations.
• Prime Retail Corridor: The property sits in a highly trafficked area with Hobby Lobby, Tractor Supply, Walmart, Home Depot, H-E-B, Taco Bell, Aldi, Whataburger, McDonald’s, KFC, Wendy’s and several other high-profile retailers in the immediate vicinity.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204