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Reflections Car Wash 711 Saybrook Rd 3,100 SF 100% Leased Retail Building Middletown, CT 06457 $957,271 CAD ($308.80 CAD/SF) 12.88% Cap Rate

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Investment Highlights

Prime Corner Location: Hard-corner site on ±0.5 acres with strong access and ±8,300 VPD for consistent visibility.
Value-Add Upside: Potential to add an automatic bay and launch a membership program to increase revenue.
Strong Financials: $91K 2024 NOI with ~$89K projected in 2025 at a $700K list price.

Growing Trade Area: Expanding Middletown corridor with rising residential density and strong plaza-driven cross-traffic.
Modern Equipment: Equipped with a 2015 Belanger Saber touchless system and updated self-serve bays.
Established Operation: 21-year operating history with no on-site employees, demonstrating efficiency and scalability.

Executive Summary

Broker of Record
Kyle Matthews
License # REB.0790986 (CT)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

3,100 SF

Year Built

2005

Price

$957,271 CAD

Price Per SF

$308.80 CAD

Cap Rate

12.88%

NOI

$123,339 CAD

Percent Leased

100%

Building Height

1 Story

Building FAR

0.14

Lot Size

0.50 AC

Property Taxes

Parcel Number	MTWN-000043-000000-000412	Improvements Assessment	$2,237,629 CAD
Land Assessment	$1,364,914 CAD	Total Assessment	$3,602,543 CAD

Property Taxes

Parcel Number

MTWN-000043-000000-000412

Land Assessment

$1,364,914 CAD

Improvements Assessment

$2,237,629 CAD

Total Assessment

$3,602,543 CAD

(516) 660-6955

Contacts

Benjamin Cogan
Beryl Grant
Matthews Real Estate Investment Services

Listing ID: 39592882
Date on Market: 2026-02-26
Last Updated:
Address: 711 Saybrook Rd, Middletown, CT 06457

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711 Saybrook Rd, Middletown, CT for sale Primary Photo- Image 1 of 4 — LoopNet-001_Web_loopnet(with logo)

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711 Saybrook Rd, Middletown, CT for sale Building Photo- Image 3 of 4 — LoopNet-Reflections Car Wash Map for Web_loopnet(with logo)

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