318 W Shannon Pky - Car Washes FOR SALE


Visalia, CA 93291- Greater Visalia
$7,999,900 USD
951-269-3000
318 W Shannon Pky, Visalia, CA for Sale
$7,999,900 USD
Car Washes - FOR SALE
1/13
null | Request Cap Rate

318 W Shannon Pky
Visalia, CA 93291
Greater Visalia


HIGHLIGHTS

  • RIME LOCATION, NEAR MAJOR INTERSECTION ACROSS FROM COMMUNITY SHOPPING CENTER
  • Bubble Zone Express Car Wash was built ground up in late 2022 and is equipped with top tier McNeil equipment - currently part of NCS
  • Prime Location for Flex Car Wash: Offer FULL SERVICE + EXPRESS CAR WASH, Increase Revenues Instantly
  • Absentee Ownership, Seller lives out of the area. Hands on Operator can offer Combo Flex Car Wash Services

OVERVIEW

• PRIME LOCATION, NEAR MAJOR INTERSECTION ACROSS FROM COMMUNITY SHOPPING CENTER • Bubble Zone Express Car Wash was built ground up in late 2022 and is equipped with top tier McNeil equipment - currently part of NCS Car Wash Equipment Co. • Car Wash offers Express Car Wash Services and Mobil Wash and Auto Detail Services. “Owner simply says if you cannot come to us we will go to you” • Due to absentee ownership, Mobil Wash unit is on hold, until new owner assumes management and makes necessary arrangements • Fast growing area, with over 150-unit apartment complex and new house developments • Absentee ownership - current owner resides over 200 miles away from the Business location • Hands on owner can increase monthly membership subscriptions instantly by offering incentives and focusing on customer engagement • Flex Car Wash - Offer Full Service and Express Car Wash combo packages to increase sales revenues • Real Property appraised in September 2022 for $5,890,000. Seller believes the Business and Equipment is valued at around $3,100,000 • Strong demographics, population over 146,000, within 5 miles radius, and daytime employee around 55,830. See demographics • AI overview: Visalia is currently experiencing development in both residential and commercial sectors. Two significant commercial projects, a Chick-fil-A restaurant and a Sam's Club gas station, are moving forward in the same shopping center. Additionally, a new wave of high-quality manufactured homes is being introduced at Rancho Fiesta Mobile Estates. Visalia is also seeing population growth and is considered relatively affordable compared to coastal California cities.

FOR SALE DETAILS

PRICE

$7,999,900 USD

PRICE/SF

$1,778 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

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

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

CMU

APN/PARCEL ID

079-071-036-000

ASK ABOUT THIS PROPERTY

Bashir TariqC21 CommercialMore Info
951-269-3000

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Bashir TariqC21 CommercialMore Info
951-269-3000

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