414 Interchange Dr - Car Washes FOR SALE


Fulton, MS 38843
$990,000 USD
662-842-8283
414 Interchange Dr, Fulton, MS for Sale
$990,000 USD
Car Washes - FOR SALE
1/9
null | 10.36% Cap Rate

414 Interchange Dr
Fulton, MS 38843


HIGHLIGHTS

  • Long successful operating history - 2001!
  • Walmart Supercenter Outparcel

OVERVIEW

TRI Inc is pleased to offer this combo brush spray / in-bay automatic car wash located in the primary retail district of Fulton, Ms. The property, constructed in 2001, includes 1 in-bay, 5 wash bays, and 5 high-powered vacuums. The subject is the only wash of its kind in the market generating $145,000 in gross annual revenue. The expense ratio in 2023 was 29% yielding a net income of $102,604. This wash doesn’t need to be a destination due to its location on the access road into the county’s only Super Walmart and shadow-center including neighbors like CATO, Rent-a-Center, McDonald’s, Wendy’s, a physical therapist, and an urgent care clinic. Modest pricing combined with a superior location powers this investment opportunity!

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

10.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

-

APN/PARCEL ID

143-1506-001.06

ASK ABOUT THIS PROPERTY

Clay ShortTRI Inc/RealtorsMore Info
662-842-8283

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Clay ShortTRI Inc/RealtorsMore Info
662-842-8283

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