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Prime Shine Car Wash | Owner User Investment 1502 Martin Luther King Jr Dr 4,118 SF 100% Leased Retail Building Monroe, LA 71202 $5,980,058 CAD ($1,452.18 CAD/SF)
Executive Summary
OWNER/USER OPPORTUNITY: Opportunity to acquire the newly constructed wash with new equipment, growing business and underlying real estate.
STRONG EXPOSURE: Located just off of Interstate 20 on a major thoroughfare with traffic counts in excess of 29,000 vehicles per day.
NEW CONSTRUCTION: This location opened for business on February 1, 2025. Everything including the equipment, roof and structure, pay stations, etc. is brand new and turnkey.
IDEAL LOT SIZE/LAYOUT: The property is positioned on 1.66 acres of land and has an ideal layout which allows for a high-volume site and future growth.
LOCATED NEAR STRONG RETAILERS: Notable nearby retailers include Sonic Drive In, Taco Bell, McDonald's, Wendy's, Super 8 by Wyndham, Studio 6, Quality Inn, Comfort Suites and more.
LOW COMPETITION: This site has little express wash competition in its direct market allowing for additional upside from new owner.
QUALIFIES FOR BONUS DEPRECIATION: Car washes qualify for bonus depreciation which can allow for much higher returns on investments and significant tax savings. *Please consult a CPA for further details.
STRONG EXPOSURE: Located just off of Interstate 20 on a major thoroughfare with traffic counts in excess of 29,000 vehicles per day.
NEW CONSTRUCTION: This location opened for business on February 1, 2025. Everything including the equipment, roof and structure, pay stations, etc. is brand new and turnkey.
IDEAL LOT SIZE/LAYOUT: The property is positioned on 1.66 acres of land and has an ideal layout which allows for a high-volume site and future growth.
LOCATED NEAR STRONG RETAILERS: Notable nearby retailers include Sonic Drive In, Taco Bell, McDonald's, Wendy's, Super 8 by Wyndham, Studio 6, Quality Inn, Comfort Suites and more.
LOW COMPETITION: This site has little express wash competition in its direct market allowing for additional upside from new owner.
QUALIFIES FOR BONUS DEPRECIATION: Car washes qualify for bonus depreciation which can allow for much higher returns on investments and significant tax savings. *Please consult a CPA for further details.
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,118 SF
Year Built
2025
Price
$5,980,058 CAD
Price Per SF
$1,452.18 CAD
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Nearby Major Retailers
Property Taxes
| Parcel Number | 95864 | Improvements Assessment | $0 CAD |
| Land Assessment | $24,477 CAD | Total Assessment | $24,477 CAD |
Property Taxes
Parcel Number
95864
Land Assessment
$24,477 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,477 CAD
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Prime Shine Car Wash | Owner User Investment | 1502 Martin Luther King Jr Dr
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