3456 Highland Rd - Car Washes FOR SALE
Waterford, MI 48328 |
$1,500,000 USD
310-241-3677
3456 Highland Rd
Waterford, MI 48328
HIGHLIGHTS
- 0.77-acre infill parcel fronting M-59 at 39,157 VPD, minutes from US-24, surrounded by national retailers such as Tim Hortons, Burger King, 7-Eleven.
- Operate the turnkey express wash for in-place cash flow today, or reposition the site into a passive, net-leased asset, offering flexibility.
- Waterford Township's moratorium on new car wash construction shields the in-place use from competition and preserves a scarce, hard-to-replicate.
- Rebuilt in 2023-2024 with a complete Motor City Wash Works package (Grand Arch, Wall of Foam, Axis Robot, hot wax and ceramic arches, Rain Bar, nine .
- At $54/PSF (lot), a buyer acquires a recently rebuilt, cash-flowing asset for less than the cost of new development.
OVERVIEW
Sands Investment Group is pleased to exclusively offer 3456 Highland Road, a 0.77-acre infill retail parcel fronting M-59 at 39,157 VPD in the geographic center of Oakland County. Improved with a functionally new express car wash rebuilt in 2023–2024, the site offers two paths to value: operate the turnkey wash for immediate cash flow or reposition irreplaceable corridor real estate surrounded by national retail. Priced below replacement cost and protected by Waterford Township's moratorium on new car wash construction, it pairs a defensible, income-producing use with long-term retail optionality.
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$500 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Imperial Car Wash
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
ADD'L SUBTYPES
Recycling Center
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.77 AC
LAND SF
33,541 SF
ZONING
BI
APN/PARCEL ID
13-26-201-065
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310-241-3677
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310-241-3677
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