1125 Fountains Way - Car Washes FOR SALE
Cedar Falls, IA 50613 |
$4,500,000 USD
623-887-9651
1125 Fountains Way
Cedar Falls, IA 50613
HIGHLIGHTS
- OWNER/USER OPPORTUNITY – Opportunity to acquire the business, building, and underlying real estate.
- STRONG YOY GROWTH – Since opening, The Wash Bar has demonstrated consistent year-over-year growth in wash volume
- STREAMLINED MAINTENANCE – Repairs and maintenance are managed through an active service contract with NCS, a nationally recognized equipment service
- RECURRING REVENUE – Established membership program with more than 1,700 active members, generating consistent recurring monthly revenue
- VERSATILE OFFERINGS – Catering to diverse customer profiles, The Wash Bar is equipped with an 85 ft Peco’s tunnel, 3 self-service bays
- PROXIMITY TO CAMPUS – Within a ±1.5 mile radius from the University of Northern Iowa, which boasts an enrollment of over 10,000 students
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$734 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wash Bar
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.34 AC
LAND SF
58,378 SF
ZONING
-
APN/PARCEL ID
8914-26-229-002
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623-887-9651
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623-887-9651
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