Cap Rate
11.97%
Property Type
Retail
- MARKET SHARE- This portfolio allows an owner to acquire 4 locations (38 bays) in the same MSA to gain immediate market share.
- 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.*
- OWNER/USER OPPORTUNITY- Opportunity to acquire the business, building, and underlying real estate.
- PROVEN LOCATIONS- A 50+ year operating history.
- HIGH RETURNS- High return on investment against current financial market rates.
(Simon Assaf, Cayson Fincher are 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)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225