Auto Service - Gas-Conv

Noble Car Wash

Listing Price: $500,000

Cap Rate
9.64%
Gross SF
2,572
Rentable SF
2,572
Price/Gross SF
$194.40
Rent Per Square Feet
$29.28

Investment Overview

Noble Car wash is a four bay, automatic tunnel self-service car wash located in Noble, Oklahoma. The property is well situated sitting directly off Main Street, enjoying a steady traffic count of around 17,000 vehicles per day. Adjacent to the property is a Sonic Drive-In restaurant and a Family Dollar Store. Across the street is an OReilly Auto Parts and a Super Mart convenience store. West of the Property is an Automotive Shop and a Dollar General.

The current owner has recently made capital improvements to the property that include renovating the automatic tunnel, updated self-service bays, installed a new sign as well as put a new paint finish on the wash.

A prospective buyer has the opportunity to get into a turnkey property that needs minimal capital improvements. Current ownership has a Property Manager on site and is willing to stay on for new prospective Buyer. The current owner has set up card reader pay station for the property and has ability for the prospective buyer to implement a membership subscription to the automatic wash.

Investment Highlights

  • Property Manager Willing to Stay on Site
  • 17,436 VPD
  • New Updated Automatic Bay
  • 4 Self Service Bays

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Noble Car Wash

Listing Price: $500,000

Cap Rate
9.64%
Gross SF
2,572
Rentable SF
2,572
Price/Gross SF
$194.40
Rent Per Square Feet
$29.28

Investment Highlights

  • Property Manager Willing to Stay on Site
  • 17,436 VPD
  • New Updated Automatic Bay
  • 4 Self Service Bays

Investment Overview

Noble Car wash is a four bay, automatic tunnel self-service car wash located in Noble, Oklahoma. The property is well situated sitting directly off Main Street, enjoying a steady traffic count of around 17,000 vehicles per day. Adjacent to the property is a Sonic Drive-In restaurant and a Family Dollar Store. Across the street is an OReilly Auto Parts and a Super Mart convenience store. West of the Property is an Automotive Shop and a Dollar General.

The current owner has recently made capital improvements to the property that include renovating the automatic tunnel, updated self-service bays, installed a new sign as well as put a new paint finish on the wash.

A prospective buyer has the opportunity to get into a turnkey property that needs minimal capital improvements. Current ownership has a Property Manager on site and is willing to stay on for new prospective Buyer. The current owner has set up card reader pay station for the property and has ability for the prospective buyer to implement a membership subscription to the automatic wash.

Exclusively Listed By

Financing By

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