Self Service Car Wash
For Sale
Contact for pricing
420 W 22ND ST, Tucson, AZ 85713
For-sale special purpose car wash property on W 22nd St in Tucson, designed for self-service automotive cleaning.
Property Size10,890 SF
Price / SF$82.19
Days on Market66
Property Features for 420 W 22ND ST
General Information
Standard status
Active
Size
10,890 SF
Class
B
Property subtype
Special Purpose, Business for Sale
Zoning
Tucson C-1
Net Operating Income
$121,960
Building Details
Year Built
1980
Year Renovated
2024
Stories
1
Units
5
Listing Agency:
Omni Homes International
(520) 406-0000
Listed By:
Calvin Case · License #Br526589000
Source:
Crexi
Added: Jun 7
Changed: Aug 8
Last Checked: Aug 10 at 5:54AM
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 Omni Homes International
Investment Insights
Based on property information with market context.
This special purpose car wash property is offered for sale and is categorized as a self service car wash and automotive facility. The listing is positioned as a dedicated car wash use rather than a general retail asset, supporting an operator or owner-operator looking for a purpose-built automotive cleaning environment.
The property is located at 420 W 22nd St in Tucson, Arizona (85713). Because the asset is identified as a car wash property, access and day-to-day customer use are generally centered on servicing vehicles on-site, rather than shared retail corridors.
For buyers considering an automotive-services concept, the self service designation can align well with tenants or operators who prefer a customer-controlled workflow and a streamlined service model. As a dedicated car wash offering within the commercial real estate and automotive property categories, it may be suitable for parties seeking an established focus on car washing at a single-purpose site. Interested investors and end users should review the available site and operational details directly with the listing broker to confirm layout, equipment, and any associated seller-provided information.
The property is located at 420 W 22nd St in Tucson, Arizona (85713). Because the asset is identified as a car wash property, access and day-to-day customer use are generally centered on servicing vehicles on-site, rather than shared retail corridors.
For buyers considering an automotive-services concept, the self service designation can align well with tenants or operators who prefer a customer-controlled workflow and a streamlined service model. As a dedicated car wash offering within the commercial real estate and automotive property categories, it may be suitable for parties seeking an established focus on car washing at a single-purpose site. Interested investors and end users should review the available site and operational details directly with the listing broker to confirm layout, equipment, and any associated seller-provided information.
Key Highlights
- Special purpose car wash property for sale in Tucson on W 22nd St
- Designed for self‑service automotive cleaning
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,867
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,477,340
$1.5M
Cap Rate 7%
$1,055,243
$1.1M
Cap Rate 9%
$820,744
$820.7K
Market Conditions
NOI Build-Up for 10,890 SF
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.
Gross rent
$111.1K $10.20/SF
− Vacancy
−$5.6K −$0.51/SF
EGI
$105.5K $9.69/SF
− OpEx
−$31.7K −$2.91/SF
NOI
$73.9K $6.78/SF
Area
ZIP 85713
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,477,340
Cap Rate 7%
$1,055,243
Cap Rate 9%
$820,744
Alternative Uses
Best Use
Specialty Retail
$2.33M
$2.04M – $2.72M
NOI $162,942 @ 7.0% cap · market cap 18.21%
Second Best
Retail
$2.05M
$1.79M – $2.39M
NOI $143,599 @ 7.0% cap · market cap 16.04%
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,611 @ 7.0% cap · market cap 20.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Groceries 17%
Dining 11%
Hotels & Casinos 9%
Circle K
Shops & Services
27,945 visits/mo
0.2 miles
Restaurant Depot
Groceries
11,758 visits/mo
0.3 miles
Wells Fargo
Shops & Services
8,318 visits/mo
0.4 miles
Waffle House
Dining
7,513 visits/mo
0.4 miles
Pep Boys Auto Parts & Service
Shops & Services
6,271 visits/mo
0.4 miles
Demographics for 85713, AZ
46,810
Population
19,056
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
79%
High-School Grad
23.8 sq mi
ZIP Area
1,967
Density / Sq Mi
$50,264
Median Household Income
$32,302
Median Earnings
$1,017
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - For-sale special purpose car wash property on W 22nd St in Tucson, designed for self-service automotive cleaning.
Where is this self service car wash located?
The property is located at 420 W 22ND ST Tucson, AZ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Special purpose car wash property for sale in Tucson on W 22nd St; Designed for self‑service automotive cleaning; Built in 1980
