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206 Winchester Dr 4,000 SF Specialty Building Offered at $1,437,798 CAD at a 11.07% Cap Rate in Tyler, TX 75701
INVESTMENT HIGHLIGHTS
- Turnkey laser wash, ideal for owner operator to immediately increase NOI or keep existing management for a passive investment
- Situated off of Broadway Ave, benefiting from 28,000 VPD. Over 100,000 residents within a 5-mile radius
- (6) coin operated covered vacuums
- Extensive Capital improvements ($65K) were completed overr the last 2 years
- (2) self-automated touchless tunnels with FRP Panels
EXECUTIVE SUMMARY
For more information visit https://bracketre.com/listing/7c4a0c28-cc1d-4d7f-b62f-ff8aed2f0285
TWG at Bracket Real Estate Inc. is pleased to present for sale, the Lazer Wash in Tyler. Lazer Wash offers a high-quality wash experience with the use of a brushless system that minimizes scratches and swirl marks, enhancing customer satisfaction and repeat business. The facilities span 4,000 SF on .86 acres, featuring 2 self-automated touchless tunnels with FRP panels. Six coin-operated covered vacuums and opportunity for revenue growth through monthly subscriptions.
The property greatly benefits from being well-positioned in a dense urban land area consisting of national and local tenants, shopping centers, hospitality accommodations as well as academic institutions.
TWG at Bracket Real Estate Inc. is pleased to present for sale, the Lazer Wash in Tyler. Lazer Wash offers a high-quality wash experience with the use of a brushless system that minimizes scratches and swirl marks, enhancing customer satisfaction and repeat business. The facilities span 4,000 SF on .86 acres, featuring 2 self-automated touchless tunnels with FRP panels. Six coin-operated covered vacuums and opportunity for revenue growth through monthly subscriptions.
The property greatly benefits from being well-positioned in a dense urban land area consisting of national and local tenants, shopping centers, hospitality accommodations as well as academic institutions.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $1,437,798 CAD | Property Subtype | Car Wash |
| Price Per SF | $359.45 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.86 AC |
| Cap Rate | 11.07% | Building Size | 4,000 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1999/2009 |
| Zoning | C1 | ||
| Price | $1,437,798 CAD |
| Price Per SF | $359.45 CAD |
| Sale Type | Investment |
| Cap Rate | 11.07% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.86 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1999/2009 |
| Zoning | C1 |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 1-50000-1010-06-017060 | Improvements Assessment | $329,161 CAD |
| Land Assessment | $199,146 CAD | Total Assessment | $528,307 CAD |
PROPERTY TAXES
Parcel Number
1-50000-1010-06-017060
Land Assessment
$199,146 CAD
Improvements Assessment
$329,161 CAD
Total Assessment
$528,307 CAD
CONTACTS
-
John Wolfner -
Brandon Colombo -
TWG - Real Estate Investment Services | Bracket
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206 Winchester Dr
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