111 Wallace Broussard Rd - Car Washes FOR SALE


Carencro, LA 70520
$1,740,000 USD
480-622-0050
111 Wallace Broussard Rd, Carencro, LA for Sale
$1,740,000 USD
Car Washes - FOR SALE
1/6
null | Request Cap Rate

111 Wallace Broussard Rd
Carencro, LA 70520


HIGHLIGHTS

  • Large Parcel: The 1.20 +/- acre features approximately 360 +/- feet of frontage along Wallace Broussard Rd.
  • Interstate Visibility: Positioned East of the I-49, one of the main thoroughfares in Lafayette County
  • Retail Center Proximity: Anchored by national retailors (e.g., Super 1 Foods, Walmart, etc.) in a highly-frequented hub
  • Future Growth: Population growth estimates are expected to grow c. 1.16% from 2024-2029E
  • Turnkey Portfolio: Location is part of a larger three-site portfolio in the Lafayette MSA

OVERVIEW

SINGLE EXPRESS CAR WASH BUSINESS ONLY | PART OF A THREE-SITE PORTFOLIO IN THE LAFAYETTE MSA Commercial Plus, LLC, is pleased to present you with an exceptional opportunity to acquire the business assets of a three-unit express car wash portfolio in Louisiana. This portfolio represents a proven, high-demand service model under the established Trademark Car Wash name. Built-in 2013, 2018, and 2020 and acquired by Trademark in June 2023, these express wash sites feature state-of-the-art exterior tunnels, self-service vacuums, and DRB point-of-sale systems to maximize efficiency and customer satisfaction. Each site operates under a long-term NNN lease with Cadet 23 (EPRT), as the landlord. While the listing focuses on the business assets only, the real estate can be acquired separately through EPRT for investors seeking a full ownership package. Management is divesting these assets to fund larger acquisitions in the quick-lube sector, presenting a unique opportunity to acquire high-performing, turnkey operations with immediate cash flow potential. Positioned in high-traffic locations with strong local demographics, these sites offer scalable growth potential for investors looking to expand service offerings or optimize existing operations. CARENCRO (#1526) - SITE SPECIFIC DETAILS • Address: 111 Wallace Broussard Rd., Carencro, LA • Traffic: Prime visibility along I-49 corridor • Facilities: 3,027 SF building on 1.20+/- AC with 2 pay lanes and 12 vacuums. • Key Advantage: Anchored by national retailers like Super 1 Foods and Walmart with limited competition in the area. Why Invest in Lafayette, LA MSA? • Strategic Market: Located in a high-growth corridor with proximity to retail hubs, major highways, and national brands. • Growing Population: The Lafayette MSA is on a growth trajectory, with population estimates rising 1.16% by 2029 • High Consumer Spending: Affluent households with average incomes exceeding $65,000+ and a high propensity for discretionary spending on services like car washes. • Future Development Potential: Surrounded by planned residential and commercial projects, these sites are primed to benefit from increasing traffic and customer volumes. • Pro-Business Policies: Enjoy the benefits of Louisiana’s business-friendly regulations and favorable tax environment, designed to maximize your ROI. CONTACT LISTING AGENT FOR MORE INFORMATION ON ADDITIONAL SITES!

FOR SALE DETAILS

PRICE

$1,740,000 USD

PRICE/SF

$575 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Express Wash Asset in Lafayette MSA #cw100-la

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Commercial (General)

APN/PARCEL ID

6162723

ASK ABOUT THIS PROPERTY

Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

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Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.