5803 FM 1960 Rd E - Freestanding FOR SALE


Humble, TX 77346- Atascocita
$1,050,000 USD
832-295-0770
5803 FM 1960 Rd E, Humble, TX for Sale
$1,050,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

5803 FM 1960 Rd E
Humble, TX 77346
Atascocita


HIGHLIGHTS

  • Mixed-use configuration includes income-generating retail center and car wash.
  • Strong location on FM 1960 near Atascocita, Kingwood, and Humble growth markets.

OVERVIEW

Fully-renovated, fully-leased, 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. Four of five tenants are currently under long-term leases at market rates, with expense reimbursement for property taxes and insurance. One tenant is month to month and has occupied the property for several years. 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.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

What the Foam Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

None

APN/PARCEL ID

0451260000112

ASK ABOUT THIS PROPERTY

Saeed TellawiAmaral Tellawi Real Estate LLCMore Info
832-295-0770

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Saeed TellawiAmaral Tellawi Real Estate LLCMore Info
832-295-0770

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