Fully-renovated, profitable, cash-flowing, mixed-use commercial property containing a 3,095 SF fully-occupied shopping center and a 6-bay self-service car wash. The property is located in the highly-desirable Atascocita/Lake Houston/Kingwood/Humble submarket, situated on 18,002 SF (0.4122 Acres), with frontage and 2 driveways on high-traffic FM 1960.
The shopping center contains five 619 SF suites. Three tenants are currently under long-term (5 years or longer) leases at market rates, with expense reimbursement for property taxes and insurance. One tenant is month to month. The final suite was recently vacated by a long term tenant and is currently for lease (under negotiation).
The car wash has been operated by the landlord since acquisition in April of 2023, and enjoyed 10% revenue growth in 2024, which continued in 2025. 2026 is expected to bring the highest profits since acquisition. The car wash provides flexibility for a buyer to continue operating it themselves or lease it to an operator, and add additional revenue streams including vending, hand car wash, and other services. The property is a candidate for buyers seeking US operating businesses for visa purposes.
The entire property was fully renovated in 2023-2024. Major items are listed below:
1. Power-washed and painted with marine paint for corrosive environments;
2. All credit card machines replaced with Monex touch-screen, tap-to-pay terminals with Apple Pay, Google Pay, and more;
3. All in-bay coin acceptors replaced with latest IDX X-12 XMark Xeptors;
4. All in-bay guns, brushes, and hoses (both HP and regular) replaced with new equipment;
5. All changers/validators either replaced;
6. Pylon sign and shopping center lighting converted to LED;
7. All in-bay signs replaced;
8. All flowJet air pumps replaced in control room;
9. All 6 motors and Cat Pumps serviced in 2024 (1 replaced with new);
10. Most vacuums serviced (6 motors replaced with new);
11. Electrical and plumbing upgrades in control room;
12. Additionally, each of the three long-term lease tenants invested over $20,000 in interior build-out of their suites.
Financials and other information available upon request, with confidentiality agreement.