15625 S 32nd St - Car Washes FOR SALE


Phoenix, AZ 85048- Ahwatukee
$3,737,000 USD
602-687-6780
15625 S 32nd St, Phoenix, AZ for Sale
$3,737,000 USD
Car Washes - FOR SALE
1/16
null | 6.75% Cap Rate

15625 S 32nd St
Phoenix, AZ 85048
Ahwatukee


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 2% Annual Rental Increases with Multiple Renewal Options
  • Full Renovation Completed in 2022-Conveyor-Style Car Wash w/ Full Detailing Service, 5-Bay Self-Serve Car Wash, Self-Serve Pet Wash, 8 Vacuum Stations
  • Qualifies for 100% Bonus/Accelerated Depreciation
  • 122,126 Residents within a 5-Mile Radius - Growing Trade Area in the Ahwatukee Foothills Community
  • Affluent Trade Area - $148,000 Average Household Income in the Immediate Area

OVERVIEW

Soak + Shine Auto and Pet Wash is revolutionizing the car wash experience by offering a state-of-the-art automatic tunnel, self-serve car wash bays, and self-serve pet wash systems. Five new self-serve wash bays are also available, open 24/7 and offering every available option in self-serve washing. The pet wash station allows patrons to wash, disinfect, shampoo, condition, and blow dry, all in one convenient station. Also open 24/7, the pet wash station is the convenient way to pamper pets. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11th largest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

FOR SALE DETAILS

PRICE

$3,737,000 USD

PRICE/SF

$1,867 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Soak + Shine Auto & Pet Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C-2

APN/PARCEL ID

306-02-848

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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