5590 S 2000 W - Specialty FOR SALE


Layton, UT 84041
$7,275,000 USD
601-706-9592
5590 S 2000 W, Layton, UT for Sale
$7,275,000 USD
Specialty - FOR SALE
1/2
null | 8.25% Cap Rate

5590 S 2000 W
Layton, UT 84041


HIGHLIGHTS

  • $600K NOI | 8.25% Going-In Cap Rate
  • Two-Location Portfolio | 7,554 SF
  • $225K+ Recent Capital Improvements

OVERVIEW

Portfolio sale includes two operating car wash locations in Layton and Roy, Utah. Sale includes real estate, wash equipment, inventory, and going-concern business. 27 years of continuous ownership and operation. Average annual NOI of approximately $600,000. 24/7 unattended operations with no employees. Over $225,000 in documented capital improvements completed since 2022. Qualified buyers may obtain financials, equipment lists, and additional due diligence materials upon execution of a confidentiality agreement. Contact broker for offering memorandum and detailed financial information.

FOR SALE DETAILS

PRICE

$7,275,000 USD

PRICE/SF

$963 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hidden Cove Car Wash Portfolio

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,248 SF

ZONING

-

APN/PARCEL ID

09-264-0001

ASK ABOUT THIS PROPERTY

Winnfort MylesThe Virtual Realty GroupMore Info
601-706-9592

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

Winnfort MylesThe Virtual Realty GroupMore Info
601-706-9592

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