Built in 2018, this 5,000 5,700 SF retail property presents an outstanding investment opportunity, featuring two synergistic, recession resistant businesses: a coin car wash and a coin laundry. With gross annual sales ranging from $1.1 million to $1.3 million, the property offers strong and stable revenue performance.
The sale includes both the real estate and operating businesses, offered at an asking price of $6,950,000. The investment provides an attractive 9.17% capitalization rate. The property is equipped with modern, well maintained equipment and benefits from a long standing, well established anchor business, further enhancing its stability and appeal.