List Search

615 W Ray Rd
Gilbert, AZ 85233

$2,400,000 USD

Carwash For Sale  •  4,306 SF

Property Details

  • Property Type Carwash
  • Total Building Size 4,306 SF
  • Lot Size 1.73 AC
  • Building Class B
  • Year Built 2004
  • Zoning C-C
0 Transit Score
25 Walk Score

Highlights

BELOW REPLACEMENT COSTS: Priced well below replacement costs for todays car wash construction/development costs
TURNKEY OPERATIONS: Complete site renovation in 2023 with ~$600K in improvements
GROWING MARKET: Projected 7.50% population growth over the next 5 years in a 1 & 3 mile radius of the site
MULTIPLE REVENUE STREAMS: Detail and window tint tenants in back produce additional site revenues
FLEXIBLE LEASE TERMS: Future upside as both detail and window tint tenants are on month-to-month leases
AFFLUENT MARKET: Local household income averages $129K/yr in a 1-mile radius of the site

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Phoenix-Mesa Gateway 17 min - 8.7 mi
Phoenix Sky Harbor International 31 min - 20.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Cayson Fincher 602-313-8175 Matthews Real Estate Investment Services
Cayson Fincher 602-313-8175 Matthews Real Estate Investment Services