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)