2424 S Stratford Rd - Car Washes FOR SALE


Winston-Salem, NC 27103- Atwood Acres
$525,000 USD
336-448-2830
2424 S Stratford Rd, Winston-Salem, NC for Sale
$525,000 USD
Car Washes - FOR SALE
1/6
null | 10.61% Cap Rate

NEW


2424 S Stratford Rd
Winston-Salem, NC 27103
Atwood Acres


HIGHLIGHTS

  • Site sees 26,500 VPD
  • Pro Forma NOI: $55,703 & Pro Forma Cap Rate: 10.6%

OVERVIEW

Opportunity to own a 2 bay express carwash site with tremendous upside in a prime location on Stratford Rd in Winston-Salem. Located adjacent to Speedway just 1 mile from I-40 and dozens of major retailers (Target, Lowe’s, Costco, Chick-fil-A®, etc.), the site sees 26,500 VPD (based on closest NCDOT data point). The right operator will be able to maximize the potential of this site through effective management, increased marketing efforts, monthly membership expansion, adding other revenue drivers (vending, ice machine, etc.), plus benefit from already having one new IBA and another recently refurbished one.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

10.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

HB

APN/PARCEL ID

6804-91-3034

ASK ABOUT THIS PROPERTY

Dom MaggioLinville Team PartnersMore Info
336-448-2830

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Dom MaggioLinville Team PartnersMore Info
336-448-2830

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