2230 S Monaco Pky - Car Washes FOR SALE


Denver, CO 80222- Goldsmith
$2,225,000 USD
303-398-2111
2230 S Monaco Pky, Denver, CO for Sale
$2,225,000 USD
Car Washes - FOR SALE
1/2
null | 8.13% Cap Rate

2230 S Monaco Pky
Denver, CO 80222
Goldsmith


OVERVIEW

Unique opportunity to own a high performing and highly profitable car wash in Denver, CO. Located in the neighborhood markets of Virginia Village, Goldsmith, Observatory Park, and University Hills, which are highly populated with heavy traffic volumes and strong incomes. Carvana, Murphy Oil, Quick Trip and 400 new apartments are recent additions to the neighborhood which are infill sites with heavily densified development. Accordingly, the neighborhoods are mature and experiencing redevelopment in many situations. The car wash is well located on arterial streets with superior access and at a traffic lighted intersection. The site contains 1 automatic bay and 4 self-serve wash bays and has vacuums on site. Business has local ownership and operates very efficiently, resulting in a high profit to income ratio. Wash prices haven’t changed in nearly a decade and are due for a refresh which should result in a top and bottom level increase from current levels offering the purchaser a value add proposition immediately upon closing.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$1,209 USD /SF

CAP RATE

8.13%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

B3

APN/PARCEL ID

6291-00-108

ASK ABOUT THIS PROPERTY

Rich HobbsCrosbie Real Estate GroupMore Info
303-398-2111

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Rich HobbsCrosbie Real Estate GroupMore Info
303-398-2111

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