Imperial Car Wash Portfolio Specialty FOR SALE


Waterford, MI
$5,000,000 USD
310-241-3677
, Waterford, MI for Sale
$5,000,000 USD
Specialty - FOR SALE
1/8
null | 9.16% Cap Rate

Imperial Car Wash Portfolio
Waterford, MI


HIGHLIGHTS

  • Both sites are operational and revenue-generating with newly installed equipment, offered at a meaningful discount to estimated replacement cost.
  • Waterford Township maintains an active moratorium on new car wash development, directly protecting both sites from new supply within the trade area.
  • Site 1 fronts the 74-acre Oakland County Business Center, a $63M mixed-use redevelopment of the former Summit Place Mall.
  • Site 1 sits on Elizabeth Lake Road near the Telegraph Road corridor, a primary north-south artery in Oakland County.
  • Both sites benefit from Oakland County's exceptional demographics, one of the wealthiest counties in the U.S., anchored by national retailers.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the Imperial Car Wash Portfolio, comprising of 2 operational car wash facilities in Waterford Township, MI. The offering includes a 125-foot full-service site at 521 Elizabeth Lake Road and a 98-foot express site at 3456 Highland Road, both featuring newly installed Motor City Wash Works equipment and DRB SiteWatch POS systems. The portfolio is offered at a meaningful discount to replacement cost, with attractive in-place cash flow and a municipal moratorium on new car wash development providing a durable barrier to new competition. The properties are available for acquisition as a portfolio or may be purchased individually, offering investors flexibility to pursue either a scaled platform or a single-asset investment opportunity. IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113

ASK ABOUT THIS PROPERTY

Chase MartinoSands Investment Group Santa Monica, LLCMore Info
310-241-3677

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Chase MartinoSands Investment Group Santa Monica, LLCMore Info
310-241-3677

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