8641 US Highway 19 - Car Washes FOR SALE


Port Richey, FL 34668
$1,050,000 USD
847-284-0493
8641 US Highway 19, Port Richey, FL for Sale
$1,050,000 USD
Car Washes - FOR SALE
1/15
null | Request Cap Rate

8641 US Highway 19
Port Richey, FL 34668


HIGHLIGHTS

  • Fully Operational Dual-Tunnel Flex Car Wash w/ Recent $100K Capital Improvements (Express Conveyor & Roll-Over Tunnel)
  • Prime Real Estate & Car Wash Location (58K+ VPD in a 6.1M+ SF retail-trade area) + Dense Residential Population (3-mi: 63K+ pop.; 5-mi: 130K+ pop.)
  • Rare Low Price-Point For 100% Bonus Depreciation + Value-Add Opportunity
  • Eligible for Accelerated Depreciation & 100% Bonus Depreciation + Income Tax-Free State (4th Best State for Tax Climate per the Tax Foundation)
  • Top-Tier U.S. MSA (17th largest nationally & 2nd largest in Florida)
  • Rapidly Expanding Car Wash Industry

OVERVIEW

Northmarq is pleased to offer to qualified investors the opportunity to acquire both the Business and the fee simple interest in the 2,799 SF two-tunnel flex car wash situated on 0.63 ACs at 8641 US-19 in Port Richey, Florida (collectively, “the Offering”). The Offering features an express conveyor tunnel, automated roll-over tunnel, state-of-the-art computer system, water reclamation filter, PECO drying system, twelve 24/7 vacuums, and other advanced equipment designed to maximize operational efficiency and ensure a consistent, high-quality customer experience. Strategically positioned as a Walmart Neighborhood Market outparcel along the heavily trafficked US-19 (58K+ VPD), the Property boasts high intrinsic real estate value within an established 6.1M+ SF retail trade area in the premier Tampa-St. Petersburg-Clearwater MSA – the 17th largest MSA nationally & 2nd largest in Florida. The Property is surrounded by numerous leading national retailers including Walmart Neighborhood Market, Publix, Home Depot, Best Buy, Chipotle, McDonald’s, Starbucks, Olive Garden, LongHorn Steakhouse, Hardee’s, Wawa, Charleys Cheesesteaks and Wings, PNC Bank, Walgreens, Mattress Firm, Dunkin’, Dollar Tree, Petco, AT&T, GameStop, Culver’s, Honey Baked Ham Co, and many more. Additionally, the Property benefits from a dense population of 130K+ residents living within a 5-mile radius. With eligibility for Accelerated and 100% Bonus Depreciation in 2025 (investors should consult their tax professional for further details), investors can capture the full tax advantages typically associated with higher-priced car washes while benefiting from a compellingly low price point. Supported by strong real estate fundamentals and significant tax incentives, the Offering represents a rare opportunity to acquire a well-located and fully operational Car Wash Property and Business at an attractive low price point.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Low Price Car Wash | Walmart Outparcel

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C3

APN/PARCEL ID

29-25-16-0140-00000-0020

ASK ABOUT THIS PROPERTY

Drew NeemsNorthmarqMore Info
847-284-0493

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

Drew NeemsNorthmarqMore Info
847-284-0493

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