Freestanding Full-Service Car
2404 West Washington Street West Bend, WI 53090
For Sale
Contact for pricing
Freestanding full-service/flex car wash on a high-traffic I-43 corridor, positioned for convenient customer access.
Property Size9,248 SF
Price / SF$205.45
Days on Market53
Property Features for 2404 West Washington Street
General Information
- Standard status
- Active
- Size
- 9,248 SF
- Property subtype
- Retail, Special Purpose, Business for Sale
Building Details
- Year Built
- 1996
Listing Agency:
Realty Executives Integrity Brookfield
Listed By:
Larry Giorgi · License #WI
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 23 at 9:01AM
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 Realty Executives Integrity Brookfield
Investment Insights
Based on property information with market context.
This sale opportunity features a well established full service/flex car wash operated from a freestanding building. The property is configured for ongoing car wash operations and is offered as a single-purpose automotive facility through exclusive listing arrangements.
The site is positioned on a high traffic retail corridor along the I-43 and Hwy 33 corridor in the Northwest Metropolitan Milwaukee area. This location is intended to support customer visibility and drive-by access for daily operations.
For buyers seeking an operating automotive wash facility, this property provides a dedicated site for full service and flex use within the existing car wash building. The combination of a freestanding structure and a corridor-based placement can support an efficient customer flow and straightforward use for an experienced operator or an owner-operator looking to acquire an established car wash business.
The site is positioned on a high traffic retail corridor along the I-43 and Hwy 33 corridor in the Northwest Metropolitan Milwaukee area. This location is intended to support customer visibility and drive-by access for daily operations.
For buyers seeking an operating automotive wash facility, this property provides a dedicated site for full service and flex use within the existing car wash building. The combination of a freestanding structure and a corridor-based placement can support an efficient customer flow and straightforward use for an experienced operator or an owner-operator looking to acquire an established car wash business.
Key Highlights
- Freestanding full‑service/flex car wash building
- Built in 1996
- Located on a high‑traffic retail corridor along the I‑43/Hwy 33 corridor
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $166.5k | $18.00 |
| − Vacancy | −$6.0k | −$0.65 |
| EGI | $160.5k | $17.35 |
| − OpEx | −$48.1k | −$5.21 |
| NOI | $112.3k | $12.15 |
9,248 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $112,330 @ 7.0% cap · market cap 5.91%
Second Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,295 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,969 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Full Service Car ...
Car Wash
FAQs
What type of property is this?
Car wash - Freestanding full-service/flex car wash on a high-traffic I-43 corridor, positioned for convenient customer access.
Where is this car wash located?
The property is located at 2404 West Washington Street West Bend, WI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Freestanding full‑service/flex car wash building; Built in 1996; Located on a high‑traffic retail corridor along the I‑43/Hwy 33 corridor
