Six-Property Car Wash
For Sale
Contact for pricing
2911 Hikes Lane, Louisville, KY 40218
Rare car wash portfolio in Louisville MSA with strong revenue growth.
Property SizeContact for details
Days on Market78
Property Features for 2911 Hikes Lane
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Colliers
(502) 645-1729
Listed By:
Jenny Johnston · License #KY 246944
Source:
Crexi
Added: May 21
Changed: Jul 10
Last Checked: Aug 5 at 7:52AM
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 Colliers
Investment Insights
Based on property information with market context.
This rare six-property car wash sale-leaseback portfolio presents a unique opportunity in the automotive services sector. Hand and automatic car wash operations are scarce in the investment marketplace, offering a differentiated service model with strong customer loyalty and premium pricing power. The tenant demonstrates consistent year-over-year revenue growth, underscoring operational excellence and durable consumer demand. Strategically located across high-demand sub-markets in the Louisville MSA, the portfolio includes the real estate for six locations, providing a blend of stability and long-term growth. These assets have been owned and professionally managed by long-term stakeholders, resulting in properties that have been meticulously maintained, upgraded, and modernized. Each site features a mix of self-service and automatic bays, ensuring diversified revenue streams and operational flexibility. The car wash sector has proven to be resilient across economic cycles, supported by recurring customers and a low cost for the service. This offering allows an investor to enjoy a hands-off portfolio leased to an established, well-performing business, while benefiting from predictable, long-term cash flow at an excellent cap rate.
Key Highlights
- Rare six‑property car wash portfolio with a differentiated service model.
- Tenant demonstrates consistent, robust year‑over‑year revenue growth.
- Strategically located across high‑demand, mature sub‑markets within the Louisville MSA.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Little Caesars Pizza
Dining
5,944 visits/mo
0.1 miles
Demographics for 40218, KY
33,437
Population
14,697
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
3,715
Density / Sq Mi
$56,191
Median Household Income
$35,784
Median Earnings
$1,059
Median Rent
$195,600
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Rare car wash portfolio in Louisville MSA with strong revenue growth.
Where is this car wash located?
The property is located at 2911 Hikes Lane Louisville, KY.
What is the asking price?
The asking price for this property is $8,475,000.
What are key features of this property?
This property features: Rare six‑property car wash portfolio with a differentiated service model.; Tenant demonstrates consistent, robust year‑over‑year revenue growth.; Strategically located across high‑demand, mature sub‑markets within the Louisville MSA.
