1314 S TX-16 - Car Washes FOR SALE


Graham, TX 76450
$4,750,000 USD
623-249-8637
1314 S TX-16, Graham, TX for Sale
$4,750,000 USD
Car Washes - FOR SALE
1/3
null | Request Cap Rate

1314 S TX-16
Graham, TX 76450


HIGHLIGHTS

  • Operating, Newly Built Wash: Modern facility built in 2025 with industry-leading equipment
  • Fee Simple Ownership: Includes both the operating business and underlying real estate
  • Defensible Local Market Position: No known immediate express competitors in the trade area
  • Prime Retail Corridor Positioning: Located within Graham’s primary retail corridor alongside national retail and QSR anchors
  • Community + Visitor Demand Drivers: Proximity to downtown Graham and recreation/lake activity
  • Strong Early Ramp: Early operating results demonstrate customer adoption, membership penetration, and improving monthly momentum

OVERVIEW

Commercial Plus LLC, in conjunction with individual Texas broker Georgina Palmer, is pleased to present the opportunity to acquire a newly built, fee-simple express car wash in Graham, Texas. The offering provides the opportunity to acquire an operating, institutional-quality wash and the underlying real estate in a defensible North Texas market with strong early ramp performance and limited direct express competition. The wash is situated on a 0.85-acre parcel with frontage along TX-16 and exposure to approximately 14,000 vehicles per day. The site features a 110-foot express tunnel, two pay stations, and 14 covered self-serve vacuums. It is positioned within Graham’s TX-16 South retail corridor adjacent to major national retailers, including Walmart Supercenter, reinforcing visibility, convenience, and day-to-day traffic relevance. From a market perspective, Graham serves as the economic hub for the region due to its location along Texas Highways 114, 16, 67, and U.S. 380, giving the site relevance beyond purely neighborhood demand. The local story is also supported by the City of Graham’s Strategic Plan 2040, which prioritizes housing, infrastructure and transportation improvements, tourism, and economic development. Together, those factors support both current retail relevance and longer-term market durability. PROPERTY & OPERATIONS SNAPSHOT • Lot Size: 0.85 • Status: Operating; opened January 2025 • Exposure: TX-16 Frontage (14,000+ VPD) • Tunnel: 110 FT (Sonny’s Equipment) • POS: Sonny’s (2 Pay Stations) • Vacuums: 14 Covered Self-Serve • Corridor Positioning: Graham’s TX-16 South retail corridor • Retail Adjacency: Adjacent to Walmart Supercenter and nearby national retail OPERATING FLASH STATS • 2025 Revenue: $778K in total wash sales during the first year of operations • Cars Washed: Approximately 47,000 vehicles washed as of 2025 year-end • Adjusted EBITDAR: Approximately $190K, reflecting early operating cash-flow potential • Revenue Mix: Approximately 52% membership and 48% retail • Monthly Trend: Monthly revenue increased through 2025, from roughly $60.2K in January to $76.4K in December, which suggests improving momentum OWNERSHIP THESIS • Acquire a newly built, operating wash with real early traction • Step into a visible TX-16 location next to major daily-need retail • Benefit from a defensible local market with no known immediate express competitor • Capture upside from continued membership growth and operating ramp • Long-Term Relevance Supported by Graham’s Regional Role and North Texas Connectivity

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$964 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Operating Express Wash | North TX #gptxcw-101

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

Retail Commercial

APN/PARCEL ID

1336

ASK ABOUT THIS PROPERTY

Dylan PriceCommercial Plus GroupMore Info
623-249-8637

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Dylan PriceCommercial Plus GroupMore Info
623-249-8637

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