150 Jonathans Way - Car Washes FOR SALE


Suffolk, VA 23434
$5,500,000 USD
972-755-5200
150 Jonathans Way, Suffolk, VA for Sale
$5,500,000 USD
Car Washes - FOR SALE
1/12
null | Request Cap Rate

150 Jonathans Way
Suffolk, VA 23434


HIGHLIGHTS

  • Fee-simple acquisition of both business and underlying real estate.
  • Newly constructed express car wash completed in February 2023.
  • 120-foot wash tunnel with modern equipment package.
  • Two pay stations equipped with LPR and RFID technology.
  • Located within the growing Hampton Roads metropolitan area.
  • Convenient access to major regional transportation routes.

OVERVIEW

Vortex Express Car Wash is a newly constructed express wash facility located in Suffolk, Virginia, within the Hampton Roads metropolitan area. Completed in 2023, the property offers investors the opportunity to acquire both the operating business and the underlying real estate in one of the region's growing commercial corridors. Positioned along North Main Street, the site benefits from strong visibility, convenient regional access, and exposure to a steadily expanding customer base supported by residential and commercial growth. The property features modern wash infrastructure designed to support efficient operations and recurring revenue generation. Improvements include a 120-foot wash tunnel, automatic vehicle wash equipment, two pay stations with LPR and RFID technology, and 19 vacuum stations. The facility's contemporary design and equipment package support high-volume customer throughput while minimizing near-term capital expenditure requirements. Located within the Hampton Roads market, the property enjoys access to U.S. Route 58, U.S. Route 460, Route 10, and Interstate 664. The surrounding area is anchored by national retailers, residential neighborhoods, industrial users, healthcare providers, and regional employment centers. Suffolk continues to experience population growth and commercial expansion, supporting long-term demand for convenience-oriented automotive services. The combination of modern improvements, strategic location, and participation in the growing express car wash sector positions the property for continued operational performance and long-term value creation.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$2,750 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vortex Express Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

C

APN/PARCEL ID

253321200,253427200

ASK ABOUT THIS PROPERTY

Patrick BreenMarcus & MillichapMore Info
972-755-5200

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Patrick BreenMarcus & MillichapMore Info
972-755-5200

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