WAVEBRITE EXPRESS CAR WASH

INVESTMENT HIGHLIGHTS

• NEW CONSTRUCTION: Recently renovated with state-of-the-art equipment and converted into a WaveBrite car wash in 2024. This wash will have immediate upside once the Buyer completes renovations and opens the car wash.
• STRONG DEMOGRAPHICS: There is a population of ±319,276 within a 5-mile radius of the property with predicted steady growth of approximately 1.3% between 2024-2029.
• E-COMMERCE RESISTANT: The car wash industry has thrived despite the presence of E-Commerce.
• HIGH TRAFFIC COUNTS: Prominently located on San Pedro Ave. right next to popular recreational activities like the San Pedro Drive Range and Golf Course, The Rollercade, and the Shearer Hills Walking Trail, this property sees ±39,280 VPD.
• SPECIAL TAX ADVANTAGE – ACCELERATED DEPRECIATION: 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.*
• Simon Assaf (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).