2610 Craig Road, Eau Claire, WI 54701
Commercial car wash facility with updated wash-bay systems, payment equipment, compressors, and dryers.
Property Features for 2610 Craig Road
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
Additional improvements completed in 2023 include new paneling in both wash bays and updated payment stations. The site is positioned near major roadways with visibility and access serving local and commuter traffic. The real estate sale does not include the existing business name, so the operation would require rebranding.
Key Highlights
- 2,592‑square‑foot self‑service car wash facility built in 2005
- Two wash bays with new paneling completed in 2023
- Hamilton Goldline pay stations installed in 2023
Financial Insights For Specialty 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 | $49.1k | $18.96 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $47.9k | $18.47 |
| − OpEx | −$12.0k | −$4.62 |
| NOI | $35.9k | $13.85 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 54701, WI
Market
Vacancy Rate% for Retail in Midwest region