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Car Wash

Oasis Car Wash | Fee Simple | 2018 Build | Searcy, AR

700 E Beebe Capps Expy, Searcy, AR 72143

Listing Price: $3,550,000

Cap Rate
5.20%
Tenant Name
Oasis Car Wash
Guarantor
No Guarantee
Rentable SF
4,018
Lease Type
Tenant at Will
Rent Per Square Feet
$45.91

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an established Oasis Car Wash business and fee simple real estate at 700 East Beebe Capps Expressway in Searcy, Arkansas. The ±4,018-square-foot facility, built in 2018, sits on ±1.88 acres and features two automatic wash bays and three self-serve bays, delivering proven cash flow with very low labor requirements supporting absentee ownership. The business generates $184,481 in current EBITDA at a 5.20% yield, with projected EBITDA of $197,081 through low-cost vending additions. A membership program utilizing license plate recognition technology drives predictable recurring revenue. The property is eligible for 100% bonus depreciation.

The property sits along East Beebe Capps Expressway (U.S. Highway 64, ±18,032 VPD) at its signalized intersection with Main Street (±13,014 VPD), with access to Interstate 57. Nearby retailers include Walmart, Dollar Tree, and Slim Chickens, with Searcy City Center anchored by Academy Sports + Outdoors, Hobby Lobby, TJ Maxx, and a future Target. Harding University (4,700+ enrollment) and Arkansas State University Beebe's Searcy campus are directly adjacent. The 3-mile trade area holds 24,075 residents with an average household income of $80,645, supported by Unity Health-White County Medical Center and the $93 million #MySearcy community investment initiative. Searcy, a top-10 fastest-growing community in Arkansas, sits within the Searcy MSA (79,575 residents) along the I-57 corridor connecting Little Rock and Jonesboro.

Investment Highlights

  • Fee Simple Business + Real Estate Acquisition | Established Oasis Car Wash w/ 2 Automatic and 4 Self-Serve Bays
  • $184,481 Current EBITDA at a 5.20% Yield | Projected $197,081 w/ Low-Cost Vending Additions
  • Very Low-Labor, Absentee Ownership Operation w/ Recurring Membership Revenue
  • 100% Bonus Depreciation Eligible | 2018 Construction | ±4,018 SF on ±1.88 Acres

Exclusively Listed By

  • Rob Narchi

    Senior Managing Director Investments

    (310) 909-5426

    Email Rob

    License(s): CA: 01788517, CA: 01324570

    Los Angeles

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Car Wash

Oasis Car Wash | Fee Simple | 2018 Build | Searcy, AR

Listing Price: $3,550,000

Cap Rate
5.20%
Tenant Name
Oasis Car Wash
Guarantor
No Guarantee
Rentable SF
4,018
Lease Type
Tenant at Will
Rent Per Square Feet
$45.91

Investment Highlights

  • Fee Simple Business + Real Estate Acquisition | Established Oasis Car Wash w/ 2 Automatic and 4 Self-Serve Bays
  • $184,481 Current EBITDA at a 5.20% Yield | Projected $197,081 w/ Low-Cost Vending Additions
  • Very Low-Labor, Absentee Ownership Operation w/ Recurring Membership Revenue
  • 100% Bonus Depreciation Eligible | 2018 Construction | ±4,018 SF on ±1.88 Acres

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an established Oasis Car Wash business and fee simple real estate at 700 East Beebe Capps Expressway in Searcy, Arkansas. The ±4,018-square-foot facility, built in 2018, sits on ±1.88 acres and features two automatic wash bays and three self-serve bays, delivering proven cash flow with very low labor requirements supporting absentee ownership. The business generates $184,481 in current EBITDA at a 5.20% yield, with projected EBITDA of $197,081 through low-cost vending additions. A membership program utilizing license plate recognition technology drives predictable recurring revenue. The property is eligible for 100% bonus depreciation. The property sits along East Beebe Capps Expressway (U.S. Highway 64, ±18,032 VPD) at its signalized intersection with Main Street (±13,014 VPD), with access to Interstate 57. Nearby retailers include Walmart, Dollar Tree, and Slim Chickens, with Searcy City Center anchored by Academy Sports + Outdoors, Hobby Lobby, TJ Maxx, and a future Target. Harding University (4,700+ enrollment) and Arkansas State University Beebe's Searcy campus are directly adjacent. The 3-mile trade area holds 24,075 residents with an average household income of $80,645, supported by Unity Health-White County Medical Center and the $93 million #MySearcy community investment initiative. Searcy, a top-10 fastest-growing community in Arkansas, sits within the Searcy MSA (79,575 residents) along the I-57 corridor connecting Little Rock and Jonesboro.

Exclusively Listed By

  • Rob Narchi

    Senior Managing Director Investments

    (310) 909-5426

    Email Rob

    License(s): CA: 01788517, CA: 01324570

    Los Angeles

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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