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Blue Hippo Car Wash 8888 Moreland St 5,675 SF Retail Building Powell, OH 43065 $3,121,569 CAD ($550.06 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Established Express Car Wash with three-bay oil change building.
- New 10-Year NNN Lease signed at closing.
- ± 5,625 Square Foot Building with ± 1.75 Acres in fast growing Powell, Ohio in Delaware County.
- Real Estate Only
Executive Summary
Investment opportunity in Powell, Ohio’s growing Delaware County. This offering includes real estate only—business excluded—with an established express car wash and three-bay oil change facility. The ±5,625 square foot building sits on ±1.75 acres in a high-traffic area.
A new 10-year NNN lease will commence at closing, providing stable income with minimal landlord obligations. The asset delivers a 6.40% cap rate and is fully equipped and operating, ensuring strong and immediate cash flow.
A new 10-year NNN lease will commence at closing, providing stable income with minimal landlord obligations. The asset delivers a 6.40% cap rate and is fully equipped and operating, ensuring strong and immediate cash flow.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,675 SF
Building Class
B
Year Built
2005
Price
$3,121,569 CAD
Price Per SF
$550.06 CAD
Cap Rate
6.40%
NOI
$199,780 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.75 AC
Zoning
commercial
Parking
14 Spaces (2.49 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 319-314-01-001-009 | Improvements Assessment | $553,590 CAD |
| Land Assessment | $438,893 CAD | Total Assessment | $992,483 CAD |
Property Taxes
Parcel Number
319-314-01-001-009
Land Assessment
$438,893 CAD
Improvements Assessment
$553,590 CAD
Total Assessment
$992,483 CAD
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Blue Hippo Car Wash | 8888 Moreland St
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