Express Car Wash
New
For Sale
$4,999,999
3830 N 51st Ave, Phoenix, AZ 85031
The operating business and leasehold are offered together under an NNN ground lease with renewal options.
Property Size5,970 SF
Lot Size1.10 Acres
Price / SF$837.52
Days on Market2
Property Features for 3830 N 51st Ave
General Information
Standard status
Active
Size
5,970 SF
Lot size
1.10 Acres
Property subtype
Car Wash
Financials
Asking Price
$4,999,999
Business Included
Yes
Site & Location
Traffic Count
41,589 vehicles/day
Road Access
Yes
Amenities
Business + Leasehold Acquisition | NNN Ground Lease w/ Zero Landlord Responsibilities
±9 Years Remaining Through 12/2035 w/ Three (3) 5-Year Renewal Options
Scheduled 10% Ground Rent Increases Every 5 Years
$110,000 Current EBITDA | $400,000 Pro Forma EBITDA (8.00% Yield)
Modern 2020 Construction | ±5,970 SF on ±1.10 AC
Neighbors Top 10% Performing Walmart Supercenter and Maryvale Plaza
Building Details
Building Size
5,970 SF
Year Built
2020
Buildings
1
Listing Agency:
Los Angeles Office
Listed By:
Rob Narchi · License #License(s): CA: 01788517, CA: 01324570
(310) 909-5426
Source:
Marcusmillichap
Added: Sep 26
Last Checked: Sep 26 at 3:21PM
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.
The express car wash business and leasehold interest occupy a 5,970-square-foot facility built in 2020 on 1.10 acres. The property operates under an NNN ground lease with approximately 9 years remaining through December 2035, plus three five-year renewal options. Scheduled rent increases are 10% every five years.
The site fronts North 51st Avenue, reported at 41,589 VPD, just south of its signalized intersection with Indian School Road, reported at 36,262 VPD. American Family Fields of Phoenix is directly adjacent; the spring training complex draws more than 130,000 visitors annually. Nearby retail includes a Walmart Supercenter and Maryvale Plaza, with Burlington, Dollar Tree, and Ace Hardware. Multi-tenant redevelopment is underway at 51st Avenue and Indian School Road.
The five-mile trade area has 472,829 residents and an average household income of $88,621. The property is within the Phoenix MSA, which has 5.2 million residents.
The site fronts North 51st Avenue, reported at 41,589 VPD, just south of its signalized intersection with Indian School Road, reported at 36,262 VPD. American Family Fields of Phoenix is directly adjacent; the spring training complex draws more than 130,000 visitors annually. Nearby retail includes a Walmart Supercenter and Maryvale Plaza, with Burlington, Dollar Tree, and Ace Hardware. Multi-tenant redevelopment is underway at 51st Avenue and Indian School Road.
The five-mile trade area has 472,829 residents and an average household income of $88,621. The property is within the Phoenix MSA, which has 5.2 million residents.
Key Highlights
- Operating express car wash business and leasehold interest offered together
- 5,970‑square‑foot facility built in 2020 on 1.10 acres
- NNN ground lease with approximately 9 years remaining through December 2035
Property Analytics
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Open Analytics
Current Use
Lease Details
41,589 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 85031, AZ
31,162
Population
8,816
Households
3.5
Avg Household Size
29
Median Age
8%
College-Educated
64%
High-School Grad
4.1 sq mi
ZIP Area
7,600
Density / Sq Mi
$59,641
Median Household Income
$36,097
Median Earnings
$1,503
Median Rent
$240,300
Median Home Value
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Market
Vacancy Rate% for Retail in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Car wash - The operating business and leasehold are offered together under an NNN ground lease with renewal options.
Where is this car wash located?
The property is located at 3830 N 51st Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,999,999.
What are key features of this property?
This property features: Operating express car wash business and leasehold interest offered together; 5,970‑square‑foot facility built in 2020 on 1.10 acres; NNN ground lease with approximately 9 years remaining through December 2035
