39 Route 206 - Car Washes FOR SALE


Augusta, NJ 07822
$5,700,000 USD
646-408-8024
39 Route 206, Augusta, NJ for Sale
$5,700,000 USD
Car Washes - FOR SALE
1/37
null | 11.08% Cap Rate

39 Route 206
Augusta, NJ 07822


HIGHLIGHTS

  • Easy to Manage and Maintain High Cash Flow Property
  • Highway Location
  • Eco Friendly - Modern Structure and Infrastructure
  • Consistently Upward Cash Flow Year Over Year
  • Increasing Population with More Development Coming to the Area

OVERVIEW

Excellent cash flow, turnkey operation and a growing/thriving business describe this beautifully maintained 7 bay car wash in picturesque and booming Sussex County. Meticulous details throughout - reclaimed and rain water collection system, solar powered electric and state of the art equipment make this investment stand out. This car wash can be run with a minimal amount of employees; all bays and areas have 24 hour surveillance monitoring so one can stay on top of their investment at all times. In addition to the robust car wash income stream, there is a high end detail shop on the property with a long term lease. Located on rt 206 between two of the most well traveled corridors in the county, you will never have issues with visibility or potential customers. Sussex county has a larger than average population increase over the past 5 years and is continuing in the same direction. The future will bring even more growth with NYC transit trains coming to the area in the next few years as per the NJ transit website. There are Seven Bays total - Two (2) Mark VII Soft Touch XT Automatic Bays, One (1) Mark VII Aqua Jet Touch Free Automatic Bay and Four (4) Self Serve Wash Bays. There are also 8 Vacuum Stations in addition to various other income producing vending and service machines. Aqua Bio Wash Water Reclaim System. 4 Underground Rain Water Retention Tanks with a 12,000 gallon capacity. This car wash was first built in 2003 and has been consistently upgraded between 2011 and 2021 a few examples being a new water retention system built in 2014, and soft touch and touch free bays installed in 2019 and 2021. Ideal for any investor looking to take over an easy to manage and upwardly growing business with excellent cash flow. Can easily be run with one to two full time employees and one part time employee. Sale includes Real Estate, Business, Equipment and Fixtures. Car Wash Building - 5680 SF Detail Shop 5760 SF Please contact Marc for more information and details income, expense and equipment list.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$1,004 USD /SF

CAP RATE

11.08%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Bay Car Wash + Business - Highway Location

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,252 SF

ZONING

L-I

APN/PARCEL ID

05-00018-0000-00024-05

ASK ABOUT THIS PROPERTY

Marc WeitzFairclough RealtorsMore Info
646-408-8024

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Marc WeitzFairclough RealtorsMore Info
646-408-8024

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