Wildcatter | 4-Wash Ground Lease Portfolio

An image of a(n) SS/IB car wash.
$789,000

Property Details

  • Property ID:

    AR-2899, AR-2900, AR-2901, AR-2902

  • Status:

    Available

  • State:

    New Mexico

  • Type:

    SS/IB

  • Price:

    $789,000

  • Lot Size:

    1000 - sqft.

  • Building Size:

    2000 - sqft

Additional Information

Executive Summary

Secure ground leases at established stores and gas stations. This car wash portfolio features In-Bay Automatic machines at all locations, including two self-serve bays at two sites. Each location is equipped with a Hamilton HTK POS system or customers can be given a code at gas station pumps through a key partnership, with pump sales revenue provided at the end of each month. With a streamlined operation and just one employee, maintenance and repair work has been efficiently outsourced through a premium package with a leading nationwide service company.  The potential for increased profitability under new ownership includes adjusting prices, introducing car wash membership subscriptions, and realizing cost savings through in-house maintenance. Notably, this business model has never experienced price increases, presenting a significant upside for the incoming owner.

Equipment Details

  • Tunnel Equipment:

    Ryko Softgloss Maxx (NCS)

Contact Information

  • Agent:

    Melissa Croll

  • Phone:

    (214) 929-3388

  • Email:

    melissa@attleerealty.com

  • Broker:

    Attlee Realty

Co-Broker Information
  • Name:

    SFR Realty, LLC

  • License Number:

    BR706658000

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    PROPERTY DETAILS

    • Property ID:

      AR-2899, AR-2900, AR-2901, AR-2902

    • Status:

      Available

    • Region:

    • City:

    • Price:

      $789,000

    • Year Built:

    • Lot Size:

      1000

    • Building Size:

      2000