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Six-Property Car Wash Portfolio
For Sale
$8,475,000

3028 Poplar Level Rd, Louisville, KY 40217

Sale-leaseback structure combines self-service and automatic wash operations.

Property SizeContact for details
Days on Market140

Property Features for 3028 Poplar Level Rd

General Information

Standard status Active
Property subtype Retail
Zoning C1
Listing Agency: Colliers
Listed By: Reed Weinberg · License #246944
Source: Kcrea.resimplifi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:38PM

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 portfolio includes six fee-simple car wash properties operated through a sale-leaseback arrangement. The locations combine self-service and automatic wash bays, providing two established service formats within each operating platform. The properties have been maintained, upgraded, and modernized over time under professional management.

The assets are distributed across mature submarkets within the Louisville MSA, with the listed address at 3028 Poplar Level Rd in Louisville, Kentucky. C1 zoning is identified for the property. The absolute NNN lease structure places the portfolio within a long-term ownership format, while the combination of wash types supports operational flexibility across the locations.

Key Highlights

  • Six‑property car wash portfolio with fee‑simple ownership
  • Absolute NNN sale‑leaseback structure
  • Self‑service and automatic wash bays across the portfolio

Property Analytics

Current Use

Strickland Brothers 10 ... Auto Repair Shop Wash-N-Shine Car Wash Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Building Supply Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby
138k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 95% Shops & Services 3% Beauty & Spa 2%
Chili's Grill & Bar Dining
36,125 visits/mo 0.0 miles
Jersey Mike's Subs Dining
31,005 visits/mo 0.1 miles
Taco Bell Dining
21,471 visits/mo 0.1 miles
Panera Bread Dining
19,978 visits/mo 0.2 miles
Qdoba Mexican Grill Dining
16,859 visits/mo 0.1 miles

Demographics for 40217, KY

13,061
Population
6,840
Households
1.9
Avg Household Size
36
Median Age
48%
College-Educated
95%
High-School Grad
2.4 sq mi
ZIP Area
5,442
Density / Sq Mi
$68,573
Median Household Income
$48,298
Median Earnings
$1,150
Median Rent
$220,700
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Car wash - Sale-leaseback structure combines self-service and automatic wash operations.
Where is this car wash located?
The property is located at 3028 Poplar Level Rd 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: Six‑property car wash portfolio with fee‑simple ownership; Absolute NNN sale‑leaseback structure; Self‑service and automatic wash bays across the portfolio
More about this property
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