Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire The Wash Works Auto Spa & Detail, an established car wash and auto detail operation along with the underlying fee simple real estate, located at 674 AZ-92 in Sierra Vista, Arizona. The ±7,472-square-foot facility was built in 2016 on ±0.83 acres and features a ±100-foot wash tunnel, six detail bays, and 19 vacuums, providing multiple diversified revenue streams across car wash, detailing, oil and lube, and automotive services. The business generates approximately $196,929 in annual NOI, representing a 7.16% return at the $2,750,000 offering price. The acquisition is eligible for 100% bonus depreciation, providing investors with the potential for significant first-year tax benefits while acquiring both the operating business and the underlying real estate. The property is strategically positioned along State Route 92 (±21,239 VPD), one of Sierra Vista's primary commercial corridors, near the signalized intersection with Fry Boulevard (±17,911 VPD). Adjacent corridor neighbors include Culver's, Tropical Smoothie Cafe, Sherwin-Williams, Ace Hardware, Harbor Freight, Lowe's, and Discount Tire. The 5-mile trade area supports a population of 46,556 with an average household income of $102,973, bolstered by nearby Fort Huachuca, the largest employer in Cochise County with an estimated $2.4 billion annual economic impact. Additional demand drivers include Cochise College (3,905 students), the University of Arizona Sierra Vista Campus, and Buena High School (1,715 students). Meaningful value-add potential exists through operational efficiencies, membership growth, service expansion, and increased customer capture.