Wash Tub Carwash & Laundry

Special Purpose for Sale
Catylist Listing ID: 30405347
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Sale Price: $1,025,000
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 8.0%
Last Updated: 11/9/2022

Overview / Comments

Carwash and laundry currently operating
Prime location and high visibility on Savannah Highway
Redevelopment potential for automotive, retail, dining , QSR
27,000+ vehicles per day
Property will not be impacted by planned intersection improvements at US 17 & Main Rd.
Laundry master leased for 10 years with guarantee. Billboard leased to Adams Outdoor. Annual gross $82,500.


Finance Data Year 2019
Gross Operating Income $106,752 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 12 - W.Ashley outside I-526 to Rantowles
Tax ID/APN: 285-00-00-179
Zoning: GB - General Business
Property Visibility: Excellent
Total Number of Buildings: 2
Property Condition: Fair
Year Built: 1980
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 998 16,105 62,269
Median Age: 32.88 36.7 36.82
Households: 437 6,755 26,824


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