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Car Wash & Mechanic Shop
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1253 E Holt Blvd # # - Ontario CA 91761 Unit a & b, Ontario, CA 91761

CAR WASH - LUBE MECHANIC SHOP

Property Size32,000 SF
Lot Size0.73 Acres
Days on Market167

Property Features for 1253 E Holt Blvd # # - Ontario CA 91761 Unit a & b

General Information

Standard status Active
Property type Auto shops, Car washes, Automotive properties, Retail properties & Spaces
Size 32,000 SF
Net Rentable 8,000 SF
Total Parking Spaces 20
Lot size 0.73 Acres

Building Details

Year Built 2002
Stories 2
Listed By: Mohan Pater
Added: May 3
Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This business opportunity is located in Ontario, San Bernardino County, California. It features a full-service automatic car wash with a 95ft tunnel and a covered canopy drying service area. The car wash has been established for 22 years and includes a solar system. The property also houses a 4000 square foot lube mechanic shop equipped with skylights, two underground oil pits, and two vehicle lifts. The shop has its private office and a comfortable waiting area for customers. Ample backyard parking is available for both employees and customers. The business is currently non-operational. The property size is 32000. This opportunity involves the sale of business assets and leasing the premises. The location is on Holt & Grove.

Key Highlights

  • Sale of business assets and lease the premises

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$394,440
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,888,800 $7.9M
Cap Rate 7%
$5,634,857 $5.6M
Cap Rate 9%
$4,382,667 $4.4M
Market Conditions
NOI Build-Up for 32,000 SF
Gross rent
$610.6K $19.08/SF
− Vacancy
−$47.1K −$1.47/SF
EGI
$563.5K $17.61/SF
− OpEx
−$169.0K −$5.28/SF
NOI
$394.4K $12.33/SF
Area
Ontario, CA
Vacancy
7.71%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,888,800
Cap Rate 7%
$5,634,857
Cap Rate 9%
$4,382,667

Alternative Uses

Best Use
Specialty Retail
$8.28M
$7.24M – $9.66M (±1% cap)
NOI $579,338 @ 7.0% cap · market cap 28,966,900.00%
Second Best
Retail
$7.72M
$6.76M – $9.01M (±1% cap)
NOI $540,715 @ 7.0% cap · market cap 27,035,750.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby
Well-served
Demand for This Use

Demographics for 91761, CA

60,306
Population
18,309
Households
3.3
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
28.5 sq mi
ZIP Area
2,116
Density / Sq Mi
$97,396
Median Household Income
$44,493
Median Earnings
$2,015
Median Rent
$590,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Paneltec — 702 E California St, Ontario, CA 91761
  • CT Paint Pros — 702 E California St, Ontario, CA 91761
  • Mega Truck and Trailer Repair — 854 E California St, Ontario, CA 91761
  • Sierra Torque Converters — 710 S Hope Ave, Ontario, CA 91761
  • Airport Mobil Towing — 1046 E California St, Ontario, CA 91761

Frequently Asked Questions

What type of property is this?
Auto shop - CAR WASH - LUBE MECHANIC SHOP
Where is this auto shop located?
The property is located at 1253 E Holt Blvd # # - Ontario CA 91761 Unit a & b Ontario, CA.
What are key features of this property?
This property features: Sale of business assets and lease the premises
More about this property
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