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Miscellaneous

Sparkle Brite Car Wash

620 Emory Dr, Owensboro, KY 42301

Listing Price: $1,625,000

Tenant Name
Sparkle Brite Car Wash
Years Remaining On Lease
20.1
Gross SF
6,721
Guarantor
Local Franchisee
Rentable SF
6,721
Price/Gross SF
$241.78
Lease Type
Absolute Net

Investment Overview

Marcus & Millichap is pleased to present the Sparkle Brite Car Wash in Owensboro, Kentucky. With over 40 years of serving the Owensboro community, Sparkle Bright Car wash stands out from the competition with the tried-and-true method of hand washing and drying cars. This business also provides 12 fulltime jobs, supporting a community that knows where to go when they want their vehicle cleaned right. Located right off the main retail corridor, Frederica Street, the property greatly benefits from heavy traffic counts, dense day-time demographics, and synergy with other retailers. Wesleyan Park Plaza sees over 2.1M annual visitors per Placer.Ai. Kroger is ranked in the top 20% of stores nationally, while McDonald’s is in the top 8%. The property sits across from the local favorite bakery, Nikos Café, which also shares space with fellow neighbors including the aforementioned McDonald’s, Kroger, Tropical Smoothie, Papa Johns, Starbucks and several other national and local retailers. Over 22,000 vehicles travel Frederica Street every day, and over 59,000 people live within three miles of this property. Sparkle Bright Car Wash uses eco-friendly products supporting the environment and keeping cars looking their best. From fleet accounts to monthly packages, this business offers a variety of services and takes pride in supporting the local community. Owensboro is the sixth largest metropolitan area in the state and is on the map for the famous Bourbon Trail. The city is also home to a number of large manufacturers: Toyota, Swedish Match, UniFirst, Sazerac, Specialty Foods Group and more. Please see broker for additional financial details relating to the business.

Investment Highlights

  • Dense Retail Corridor – Kroger Anchored Plaza Attracts 2.1M+ Annual Visitors
  • Kroger and McDonald's are Top Performing Stores Nationally (per Placer.AI)
  • 22,000+ Vehicles Per Day on Frederica Street
  • Owner/User Opportunity in Highly Desirable Asset Class (See Your Accountant regarding Depreciation Benefits)
  • 73,290 People Living within 5 Miles of the Property

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Miscellaneous

Sparkle Brite Car Wash

Listing Price: $1,625,000

Tenant Name
Sparkle Brite Car Wash
Years Remaining On Lease
20.1
Gross SF
6,721
Guarantor
Local Franchisee
Rentable SF
6,721
Price/Gross SF
$241.78
Lease Type
Absolute Net

Investment Highlights

  • Dense Retail Corridor – Kroger Anchored Plaza Attracts 2.1M+ Annual Visitors
  • Kroger and McDonald's are Top Performing Stores Nationally (per Placer.AI)
  • 22,000+ Vehicles Per Day on Frederica Street
  • Owner/User Opportunity in Highly Desirable Asset Class (See Your Accountant regarding Depreciation Benefits)
  • 73,290 People Living within 5 Miles of the Property

Investment Overview

Marcus & Millichap is pleased to present the Sparkle Brite Car Wash in Owensboro, Kentucky. With over 40 years of serving the Owensboro community, Sparkle Bright Car wash stands out from the competition with the tried-and-true method of hand washing and drying cars. This business also provides 12 fulltime jobs, supporting a community that knows where to go when they want their vehicle cleaned right. Located right off the main retail corridor, Frederica Street, the property greatly benefits from heavy traffic counts, dense day-time demographics, and synergy with other retailers. Wesleyan Park Plaza sees over 2.1M annual visitors per Placer.Ai. Kroger is ranked in the top 20% of stores nationally, while McDonald’s is in the top 8%. The property sits across from the local favorite bakery, Nikos Café, which also shares space with fellow neighbors including the aforementioned McDonald’s, Kroger, Tropical Smoothie, Papa Johns, Starbucks and several other national and local retailers. Over 22,000 vehicles travel Frederica Street every day, and over 59,000 people live within three miles of this property. Sparkle Bright Car Wash uses eco-friendly products supporting the environment and keeping cars looking their best. From fleet accounts to monthly packages, this business offers a variety of services and takes pride in supporting the local community. Owensboro is the sixth largest metropolitan area in the state and is on the map for the famous Bourbon Trail. The city is also home to a number of large manufacturers: Toyota, Swedish Match, UniFirst, Sazerac, Specialty Foods Group and more. Please see broker for additional financial details relating to the business.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

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