516 Friendship Ln - Car Washes FOR SALE
Fredericksburg, TX 78624 |
$2,695,000 USD
615-212-2547
516 Friendship Ln
Fredericksburg, TX 78624
HIGHLIGHTS
- Rare opportunity to acquire the operating business, real estate, and improvements for this established express tunnel car wash
- Built in 2015, the property features a well-maintained express wash tunnel in one of Texas’ strongest tourism-driven markets
- One of only two tunnel car washes serving Fredericksburg, creating a strong competitive position with meaningful upside potential
- The population within a 3-mile radius grew 3.33% over the past five years and is projected to increase an additional 4.63% over the next five years
- Fredericksburg attracts approximately 1.2–1.5 million visitors annually and is home to more than 60 wineries
- Offered significantly below estimated replacement cost, the property presents a compelling opportunity to increase revenue
FOR SALE DETAILS
PRICE
$2,695,000 USD
PRICE/SF
$739 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wet N Jet Car wash
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
C2
APN/PARCEL ID
85341
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615-212-2547
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615-212-2547
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