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516 Friendship Ln, Fredericksburg, TX, 78624

Wet-N-Jet Fredericksburg
$2,000,000

Key Information

Tot. SF
3,649
Lot Size
0.83 Acres
Year Built
2015
Type
Retail

Highlights

  • Owner/User Opportunity – Rare opportunity to acquire the operating business, real estate, and improvements for this established express tunnel car wash.
  • Modern Express Wash Facility – Built in 2015, the property features a well-maintained express wash tunnel in one of Texas’ strongest tourism-driven markets.
  • Limited Competition – One of only two tunnel car washes serving Fredericksburg, creating a strong competitive position with meaningful upside potential.
  • Strong Surrounding Development – Significant recent retail growth includes a new Chick-fil-A directly across the street and a newly opened Discount Tire nearby, further increasing traffic and visibility.
  • Rapidly Expanding Trade Area – The population within a 3-mile radius grew 3.33% over the past five years and is projected to increase an additional 4.63% over the next five years, according to CoStar.
  • High-Traffic Tourist Destination – Fredericksburg attracts approximately 1.2–1.5 million visitors annually and is home to more than 60 wineries, making it one of Texas’ premier tourism destinations.
  • Value-Add Potential – Offered significantly below estimated replacement cost, the property presents a compelling opportunity to increase revenue and long-term asset value in a rapidly growing market.
  • Strong Retail Synergy – Nearby national retailers include Walmart, Chick-fil-A, Discount Tire, Fairfield Inn & Suites by Marriott, and numerous other established brands that drive consistent area traffic.
  • Bonus Depreciation Benefits – Car wash assets may qualify for 100% bonus depreciation, creating potential tax advantages for ownership. Buyers should consult their CPA or tax advisor for additional details.

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