170 N Kenazo Ave - Car Washes FOR SALE


Horizon City, TX 79928
$2,000,000 USD
615-212-2547
170 N Kenazo Ave, Horizon City, TX for Sale
$2,000,000 USD
Car Washes - FOR SALE
1/4
null | Request Cap Rate

170 N Kenazo Ave
Horizon City, TX 79928


HIGHLIGHTS

  • Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate.
  • Low Competition – This site has little express wash competition in its direct market allowing for additional upside from new owner.
  • Attractive Price point – Well below replacement cost of building this wash allowing for cashflow form day 1.
  • Market Growth – Horizon City's population has increased by 11.28% since 2020 with an annual growth rate of 2.07%.
  • Qualifies For Bonus Depreciation – Car washes qualify for bonus depreciation which can allow for much higher returns on investments.

OVERVIEW

Owner / User Car Wash opportunity in a fast growing submarket of El Paso, TX. This site is well below replacement cost and allows for room to upgrade the wash to current market standards. There are alos additional bays which can allow for oil change services or detailing.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

zz4

APN/PARCEL ID

E074-000-0020-0150

ASK ABOUT THIS PROPERTY

Landon CarterMatthews Real Estate Investment ServicesMore Info
615-212-2547

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Landon CarterMatthews Real Estate Investment ServicesMore Info
615-212-2547

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