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17850 Longenbaugh Rd, Cypress, TX, 77433

Rodeo Express Car Wash
$5,250,000

Key Information

Lot Size
0.94 Acres
Year Built
2023
Type
Retail

Highlights

  • Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate of 2 newer construction express car wash sites.
  • Very High Traffic – The wash sees more than 50,000 Vehicles Per Day from Barker Cypress Rd 300Ft away and 15,000 Vehicles Per Day from Longenbaugh Rd. There is also shared access with a busy CVS from both streets.
  • Growing Sales Volume – Sales have shown consistent growth at the site having had their best Quarter yet with Memberships growing in tandem.
  • Strong Retail Corridor – The site has shared access with a Walgreens that ranks in the 75th percentile in Houston and sits across the street from a Walmart Neighborhood Market which saw north of 632,000 visits in 2024 according to Alpha Maps data.
  • Ideal Lot Size/Layout – Situated on just shy of 1 acre, the site features an efficient, high-throughput layout designed to accommodate a high volume of vehicles, maximizing revenue potential and operational flow.
  • Newer Construction Tunnel – The wash was constructed in 2023 allowing for a new operator to purchase the site with no large renovations or Capex needed.
  • Affluent & Growing Trade Area – In a 3-mile radius of the wash, there are over 156,000 residents and population growth is expected to be north of 6% over the next 5 years.
  • Qualifies For Bonus Depreciation – Car washes qualify for 100% bonus depreciation which allows for additional tax benefits.

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