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604 Fairway Dr - TRIPLE CROWN CAR WASH Immeuble de 3 760 pi² • Spécialité • À vendre 2 482 092 $ CAD • Galt, CA 95632



Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Value-add upside: active management targets $750K-$850K Year-2 revenue and a 12.0%-15.2% proforma cap
- Strong demographics: Galt population +30% since 2000, $86,327 median income, 77% homeownership
- Clean fee-simple express tunnel (real estate + business), acquired 2022; SBA 504/7(a) financing available
- Anchored to 2024 adjusted NOI of $282,643 (11.3% cap); soft 2025 reflects passive ownership, not a deficiency
- Two-operator tunnel market - Gilly's is the only direct competitor; ~5,000 homes in the residential pipeline
Résumé de l'annonce
Lee & Associates is pleased to present Triple Crown Car Wash — a clean, **fee-simple express tunnel** in Galt, offered at $1,800,000, reduced from $2,500,000. The price includes the real estate and the business, on 0.71 acres with a 4,100 SF improvement.
At the reduced price the asset is a **12.6% cap** on $227,413 of 2025 adjusted NOI — presented here as a conservative floor. That 2025 figure reflects passive ownership and minimal marketing, not condition: revenue of $484,112 is roughly **half the $750K–$1.2M benchmark** for California express tunnels. The gap is operational, and it is the opportunity. Galt is one of only **two express-tunnel operators** in the entire city, and with roughly **2,900 homes approved or under construction** and a General Plan supporting 50,000+ residents (nearly double today's ~27,000), an active operator has a credible path to **$300,000–$380,000 of NOI within two years** — a 16.7%–21.1% cap on the buyer's basis.
The ~$1.4M real-estate value is a hard-asset floor beneath the investment, supported by the 2022 acquisition price. The fee-simple parcel is **SBA 504/7(a) eligible**. The seller is motivated and focused on a qualified buyer able to close cleanly. A full offering memorandum is available on request. *This location is also available alongside two Antioch car washes, which can be purchased separately or together.
At the reduced price the asset is a **12.6% cap** on $227,413 of 2025 adjusted NOI — presented here as a conservative floor. That 2025 figure reflects passive ownership and minimal marketing, not condition: revenue of $484,112 is roughly **half the $750K–$1.2M benchmark** for California express tunnels. The gap is operational, and it is the opportunity. Galt is one of only **two express-tunnel operators** in the entire city, and with roughly **2,900 homes approved or under construction** and a General Plan supporting 50,000+ residents (nearly double today's ~27,000), an active operator has a credible path to **$300,000–$380,000 of NOI within two years** — a 16.7%–21.1% cap on the buyer's basis.
The ~$1.4M real-estate value is a hard-asset floor beneath the investment, supported by the 2022 acquisition price. The fee-simple parcel is **SBA 504/7(a) eligible**. The seller is motivated and focused on a qualified buyer able to close cleanly. A full offering memorandum is available on request. *This location is also available alongside two Antioch car washes, which can be purchased separately or together.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 2 482 092 $ CAD | Taille du lot | 0,71 AC |
| Prix par pi² | 660,13 $ CAD | Taille du bâtiment | 3 760 pi² |
| Type de vente | Investissement | Nombre d’étages | 1 |
| Type de propriété | Spécialité | Année de construction/rénovation | 2000/2006 |
| Sous-type de propriété | Station de lavage auto | Ratio de stationnement | 4,79/1 000 pi² |
| Classe d’immeuble | B | ||
| Zonage | HC - Autoroute commerciale | ||
| Prix | 2 482 092 $ CAD |
| Prix par pi² | 660,13 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Spécialité |
| Sous-type de propriété | Station de lavage auto |
| Classe d’immeuble | B |
| Taille du lot | 0,71 AC |
| Taille du bâtiment | 3 760 pi² |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 2000/2006 |
| Ratio de stationnement | 4,79/1 000 pi² |
| Zonage | HC - Autoroute commerciale |
1 1
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun très limités
10/100
Relativement accessible en vélo
20/100
Impôts fonciers
| Numéro de lot | 150-0391-037 | Évaluation des bâtiments | 1 397 090 $ CAD |
| Évaluation du terrain | 732 695 $ CAD | Évaluation totale | 2 129 785 $ CAD |
Impôts fonciers
Numéro de lot
150-0391-037
Évaluation du terrain
732 695 $ CAD
Évaluation des bâtiments
1 397 090 $ CAD
Évaluation totale
2 129 785 $ CAD
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604 Fairway Dr - TRIPLE CROWN CAR WASH
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