BIRCHWOOD CAR WASH

8355 Birchwood Ct, Johnston, IA 50131
$590,000

Year Built
2004
NOI
$63,270
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
  • Consumer Versatility – Catering to diverse preferences, this location provides both soft-touch and touchless wash options, ensuring broad consumer appeal equipped with premier Ryco equipment.
  • E-Commerce and Pandemic – The car wash industry has thrived despite the presence of e-commerce and COVID-19.
  • Special Tax Advantage – Accelerated Depreciation – Car washes present accelerated depreciation opportunities for tax savings. Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 80 percent of the cost and bonus depreciation in the first year. *Please consult your CPA for further details.*
  • Highly Affluent Area – Average Household income is $156,534 within a 1-mile radius of the site, according to CoStar data.
  • Growth Opportunities – With the potential to execute targeted marketing campaigns, explore service expansions, and expanding the membership program, this car wash business stands poised for increased profitability and expansion.

Broker of Record

  • Adam Marek
  • License No. F03991000 (IA)
  • (866) 889-0550
  • Pacific Realty Commercial, LLC
  • 11516 Miracle Hills Dr. Ste #400 Omaha,
    NE 68154