13453 Westheimer Rd - Car Washes FOR SALE


Houston, TX 77077
$4,750,000 USD
602-313-8175
13453 Westheimer Rd, Houston, TX for Sale
$4,750,000 USD
Car Washes - FOR SALE
1/3
null | Request Cap Rate

13453 Westheimer Rd
Houston, TX 77077


OVERVIEW

SPECIAL TAX ADVANTAGE – Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 80 percent of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition. DUAL TUNNEL – Constructed with two, 80 ft tunnels. Designed to efficiently manage high-volume activity. LOCATION & HIGH TRAFFIC – Strategically located on Westheimer Rd which sees ~45k vehicles per day. DENSE RETAIL CORRIDOR – This site is positioned in a Target anchored shopping center which contains national tenants such as Chipotle, Petsmart, and other big box retail tenants. Additionally, the location is less than one mile from West Oaks Mall. POPULATION DENSITY – 155,000 residents and 62,000 rooftops within a 3-mile radius of the site. Within a 20 minute drive radius, the population is ~875,000 residents. E-COMMERCE RESISTANT – The car wash industry has thrived despite the presence of E-Commerce. Cayson Fincher, Simon Assaf, and Josh Longoria In conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code. Broker of Record Patrick Graham License No. 9005919 (TX)

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

IShineExpress

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

Commercial

APN/PARCEL ID

1304690010025

ASK ABOUT THIS PROPERTY

Cayson FincherMatthews Real Estate Investment ServicesMore Info
602-313-8175

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Cayson FincherMatthews Real Estate Investment ServicesMore Info
602-313-8175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.