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.