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Car Wash

Sparkle K's Luxury Auto Spa

633 S Reynolds Rd, Toledo, OH 43615

Listing Price: $6,300,000

Tenant Name
Sparkle K's Luxury Auto Spa
Guarantor
Corporate Guarantee
Rentable SF
4,983
Lease Type
Absolute Net

Investment Overview

Marcus & Millichap proudly presents the exclusive offering of Sparkle K’s Luxury Auto Spa, an exceptional opportunity to acquire a premier turn-key car wash
facility in Toledo, Ohio. Breaking ground in 2023, Sparkle K’s offers investors the rare chance to secure both the business and underlying real estate of a state-of-the-art car wash without the complexities of zoning, building, or site planning.

Investors will find Sparkle K’s an attractive proposition amidst Toledo’s dynamic market. The property features a newly constructed facility equipped with 28 vacuum stations and modern car wash technology, ensuring high operational efficiency and customer satisfaction. With the potential for substantial growth in a thriving metropolitan area, this turn-key opportunity offers the immediate benefit of bonus depreciation along with the long-term opportunity to grow a thriving business.

Strategically located on South Reynolds Road, a bustling thoroughfare with a traffic count exceeding 28,000 vehicles per day, Sparkle K’s occupies a spacious 1.58-acre lot with prominent frontage. This prime location serves a community of approximately 30,000 residents within a 2-mile radius and a broader population of 179,000 within 5 miles. Positioning Sparkle K’s as a unique offering in a densely populated and heavily trafficked area.

Toledo’s Market Dynamics Toledo, situated in northwest Ohio, benefits from a robust economic landscape supported by diverse industries including manufacturing, healthcare, and logistics. The city’s strategic location along major transportation routes, including Interstate highways and rail lines, enhances its appeal as a hub for commerce and distribution. This connectivity fosters economic resilience and attracts businesses seeking efficient logistics solutions.

Investment Highlights

  • OWNER/USER OPPORTUNITY: Unique opportunity to acquire a newly repositioned express car wash consisting of business, building, and underlying real estate.
  • STATE-OF-THE-ART FACILITY: Newly constructed with modern, state-of-the-art building and equipment.
  • TURN-KEY OPERATION: Includes both the business and underlying real estate, ready for immediate operation.
  • LARGE LOT SIZE: Spacious 1.58-acre lot providing ample space for customer parking and future expansion.
  • HIGH CUSTOMER APPEAL: Equipped with 28 vacuum stations and designed for efficient customer service and satisfaction.
  • QUALIFIES FOR BONUS DEPRECIATION: Car washes qualify for bonus depreciation which allows for additional tax benefits.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Car Wash

Sparkle K's Luxury Auto Spa

Listing Price: $6,300,000

Tenant Name
Sparkle K's Luxury Auto Spa
Guarantor
Corporate Guarantee
Rentable SF
4,983
Lease Type
Absolute Net

Investment Highlights

  • OWNER/USER OPPORTUNITY: Unique opportunity to acquire a newly repositioned express car wash consisting of business, building, and underlying real estate.
  • STATE-OF-THE-ART FACILITY: Newly constructed with modern, state-of-the-art building and equipment.
  • TURN-KEY OPERATION: Includes both the business and underlying real estate, ready for immediate operation.
  • LARGE LOT SIZE: Spacious 1.58-acre lot providing ample space for customer parking and future expansion.
  • HIGH CUSTOMER APPEAL: Equipped with 28 vacuum stations and designed for efficient customer service and satisfaction.
  • QUALIFIES FOR BONUS DEPRECIATION: Car washes qualify for bonus depreciation which allows for additional tax benefits.

Investment Overview

Marcus & Millichap proudly presents the exclusive offering of Sparkle K’s Luxury Auto Spa, an exceptional opportunity to acquire a premier turn-key car wash facility in Toledo, Ohio. Breaking ground in 2023, Sparkle K’s offers investors the rare chance to secure both the business and underlying real estate of a state-of-the-art car wash without the complexities of zoning, building, or site planning. Investors will find Sparkle K’s an attractive proposition amidst Toledo’s dynamic market. The property features a newly constructed facility equipped with 28 vacuum stations and modern car wash technology, ensuring high operational efficiency and customer satisfaction. With the potential for substantial growth in a thriving metropolitan area, this turn-key opportunity offers the immediate benefit of bonus depreciation along with the long-term opportunity to grow a thriving business. Strategically located on South Reynolds Road, a bustling thoroughfare with a traffic count exceeding 28,000 vehicles per day, Sparkle K’s occupies a spacious 1.58-acre lot with prominent frontage. This prime location serves a community of approximately 30,000 residents within a 2-mile radius and a broader population of 179,000 within 5 miles. Positioning Sparkle K’s as a unique offering in a densely populated and heavily trafficked area. Toledo’s Market Dynamics Toledo, situated in northwest Ohio, benefits from a robust economic landscape supported by diverse industries including manufacturing, healthcare, and logistics. The city’s strategic location along major transportation routes, including Interstate highways and rail lines, enhances its appeal as a hub for commerce and distribution. This connectivity fosters economic resilience and attracts businesses seeking efficient logistics solutions.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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