Self-Serve Car Wash with Mini
For Sale
$608,000
5550 Village Loop, Benton, AR 72019
Five-bay self-serve car wash with vacuum stations and an on-site icehouse, offered as fee simple real estate.
Property Size4,060 SF
Price / SF$149.75
Days on Market49
Property Features for 5550 Village Loop
General Information
Standard status
Active
Size
4,060 SF
Property subtype
Car Wash
Lease Type
NNN
Additional Details
Business Included
Yes
Traffic Count
13,859 vehicles/day
Amenities
Established self-serve car wash generating approximately $41,189 in annual EBITDA with proven cash flow stability
Acquisition includes operating business and fee simple real estate on ±1.12 acres, built in 2007
Five wash bays, mini tunnel, self-serve vacuum stations, and onsite icehouse provide multiple revenue streams
Very low labor, absentee ownership model with credit and cash payment acceptance Membership program drives recurring revenue and supports long-term customer retention
Projected EBITDA of approximately $66,989 through $15,500 in value-add enhancements with seven-month payback
Eligible for 100% bonus depreciation under IRC §168(k)
Located along Springhill Road (±13,859 VPD) with convenient access to Interstate 30 (±94,124 VPD) in Benton, AR
Surrounded by national retailers including Walmart, Target, and Kroger within Benton's primary commercial corridor
Building Details
Building Size
4,060 SF
Listing Agency:
Los Angeles Office
(310) 909-5426
Listed By:
Rob Narchi · License #License(s): CA: 01788517, CA: 01324570
(310) 909-5426
Source:
Marcusmillichap
Added: Jul 3
Changed: Aug 8
Last Checked: Aug 19 at 4:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Los Angeles Office
Investment Insights
Based on property information with market context.
This self-serve car wash property is being offered with fee simple real estate and operates with five wash bays, a mini tunnel, and self-serve vacuum stations. An on-site icehouse supports additional revenue, and the property also features a membership program designed to create recurring revenue. Current operations report approximately $41,189 in annual EBITDA across multiple revenue streams with very low labor requirements suited for absentee ownership.
The property is located at 5550 Village Loop in Benton, Arkansas, along Springhill Road within the city’s primary retail corridor. Public remarks cite approximately 13,859 vehicles per day for visibility and convenient access to Interstate 30.
For operators seeking an automotive-focused business with an automated, low-labor model, the mix of wash bays, vacuum stations, and membership billing may align well with self-serve demand. The offering also notes eligibility for 100% bonus depreciation. Public remarks further describe potential value-add enhancements projected to increase EBITDA to approximately $66,989 with an estimated $15,500 in additional investment and an estimated seven-month payback period.
The property is located at 5550 Village Loop in Benton, Arkansas, along Springhill Road within the city’s primary retail corridor. Public remarks cite approximately 13,859 vehicles per day for visibility and convenient access to Interstate 30.
For operators seeking an automotive-focused business with an automated, low-labor model, the mix of wash bays, vacuum stations, and membership billing may align well with self-serve demand. The offering also notes eligibility for 100% bonus depreciation. Public remarks further describe potential value-add enhancements projected to increase EBITDA to approximately $66,989 with an estimated $15,500 in additional investment and an estimated seven-month payback period.
Key Highlights
- Fee simple real estate and established self‑serve car wash at 5550 Village Loop in Benton, AR
- Five wash bays plus a mini tunnel, self‑serve vacuum stations, and an on‑site icehouse
- Current annual EBITDA of approx. $41,189 across multiple revenue streams
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,513
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$890,260
$890.3K
Cap Rate 7%
$635,900
$635.9K
Cap Rate 9%
$494,589
$494.6K
Market Conditions
NOI Build-Up for 4,060 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.7K $16.68/SF
− Vacancy
−$4.1K −$1.02/SF
EGI
$63.6K $15.66/SF
− OpEx
−$19.1K −$4.70/SF
NOI
$44.5K $10.96/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$890,260
Cap Rate 7%
$635,900
Cap Rate 9%
$494,589
Alternative Uses
Best Use
Retail
$635.9K
$556.4K – $741.9K
NOI $44,513 @ 7.0% cap · market cap 7.32%
Second Best
Specialty Retail
$588.2K
$514.7K – $686.2K
NOI $41,173 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$886.0K
$775.3K – $1.03M
NOI $62,020 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
13,859 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 72019, AR
28,097
Population
11,926
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
173.2 sq mi
ZIP Area
162
Density / Sq Mi
$86,025
Median Household Income
$49,005
Median Earnings
$985
Median Rent
$248,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Five-bay self-serve car wash with vacuum stations and an on-site icehouse, offered as fee simple real estate.
Where is this self service car wash located?
The property is located at 5550 Village Loop Benton, AR.
What is the asking price?
The asking price for this property is $608,000.
What are key features of this property?
This property features: Fee simple real estate and established self‑serve car wash at 5550 Village Loop in Benton, AR; Five wash bays plus a mini tunnel, self‑serve vacuum stations, and an on‑site icehouse; Current annual EBITDA of approx. $41,189 across multiple revenue streams
