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Car Wash

USA Auto Wash Express

803 E Gannon Ave, Zebulon, NC 27597

Listing Price: $950,000

Cap Rate
1.00%
Tenant Name
USA Auto Wash Express
Guarantor
Personal Guarantee
Rentable SF
1,197
Lease Type
Ground Lease

Investment Overview

Marcus & Millichap is pleased to offer the exclusive listing of USA Auto Wash Express, an express car wash located in Zebulon, North Carolina. The Wash in Zebulon are full tunnel washes with vacuums, while the other sites are non-conveyor washes with no vacuums. USA Auto Wash Express of Zebulon has an express tunnel measuring 65 feet long and eight vacuums in the back area of the property. The strategic positioning in front of Wal-Marts allows the washes to capture not only Wal-Mart’s customer base but also other surrounding national retailers. The wash in Zebulon, which includes the 0.55-acre property, is in an ideal location in North Carolina’s second-fastest-growing city. This location has an opportunity for improvement or redevelopment due to its surrounding tenants and growing home city. The easternmost town in Wake County, Zebulon, is becoming a popular suburb of the Raleigh metropolitan area. Due to its proximity to the North Carolina Research Triangle, Zebulon has taken on new residents who commute to Raleigh on US Highway 87. USA Auto Wash Express has the entire market share for express car washes in Zebulon, which is predicted to double in size. As the city approves more and more residential housing developments, overflow from Raleigh will continue to pour into Zebulon. The right buyer will have a fantastic opportunity to capture a not yet discovered market near Raleigh.

Investment Highlights

  • Owner/User Investment Opportunity
  • Express Car Wash in Out Parcel of Walmart
  • Surrounded by National Tenants such as Murphy Express, AT&T, Fast Med, and Papa Johns

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Car Wash

USA Auto Wash Express

Listing Price: $950,000

Cap Rate
1.00%
Tenant Name
USA Auto Wash Express
Guarantor
Personal Guarantee
Rentable SF
1,197
Lease Type
Ground Lease

Investment Highlights

  • Owner/User Investment Opportunity
  • Express Car Wash in Out Parcel of Walmart
  • Surrounded by National Tenants such as Murphy Express, AT&T, Fast Med, and Papa Johns

Investment Overview

Marcus & Millichap is pleased to offer the exclusive listing of USA Auto Wash Express, an express car wash located in Zebulon, North Carolina. The Wash in Zebulon are full tunnel washes with vacuums, while the other sites are non-conveyor washes with no vacuums. USA Auto Wash Express of Zebulon has an express tunnel measuring 65 feet long and eight vacuums in the back area of the property. The strategic positioning in front of Wal-Marts allows the washes to capture not only Wal-Mart’s customer base but also other surrounding national retailers. The wash in Zebulon, which includes the 0.55-acre property, is in an ideal location in North Carolina’s second-fastest-growing city. This location has an opportunity for improvement or redevelopment due to its surrounding tenants and growing home city. The easternmost town in Wake County, Zebulon, is becoming a popular suburb of the Raleigh metropolitan area. Due to its proximity to the North Carolina Research Triangle, Zebulon has taken on new residents who commute to Raleigh on US Highway 87. USA Auto Wash Express has the entire market share for express car washes in Zebulon, which is predicted to double in size. As the city approves more and more residential housing developments, overflow from Raleigh will continue to pour into Zebulon. The right buyer will have a fantastic opportunity to capture a not yet discovered market near Raleigh.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

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