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Car Wash with Express Tunnel
New
For Sale
$6,756,400

5850 S Elk Way, Aurora, CO 80016

An operating express-wash business includes the underlying fee-simple property and a membership program for repeat customers.

Property Size4,826 SF
Lot Size1.75 Acres
Price / SF$1,400
Days on Market3

Property Features for 5850 S Elk Way

General Information

Standard status Active
Size 4,826 SF
Lot size 1.75 Acres
Property subtype Car Wash
Net Operating Income $429,459

Financials

Asking Price $6,756,400
Business Included Yes

Site & Location

Neighborhood Tollgate Crossing
Traffic Count 17,270 vehicles/day
Highway Access Yes
Road Access Yes

Automotive

Car Wash Bays 1
Automotive Uses car wash
Car Wash Format express tunnel

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Amenities

120-foot automated express tunnel
advanced pay stations
complimentary high-suction vacuums
Business + Real Estate Acquisition | Fee Simple Ownership
$429,459 NOI | 6.36% EBITDA Yield
Modern 2022-Built Facility | ±4,826 SF on ±1.75 AC
120-Ft Express Tunnel | 100+ Cars Per Hour
Unlimited Wash Club Drives Recurring Membership Revenue
Potential 100% Bonus Depreciation Eligibility
Aurora Pkwy (±17,270 VPD) w/ Access to E-470 (±50,659 VPD) $205,518 AHI and 85,527 Population (3-Mile)

Building Details

Building Size 4,826 SF
Year Built 2022
Listing Agency: Marcus & Millichap - Denver
Listed By: Adam Lewis · License #License(s) CO: ER100091205
Source: Marcusmillichap
Added: Oct 23 Last Checked: Oct 24 at 1:24PM

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 Marcus & Millichap - Denver

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Investment Insights

Based on property information with market context.

This operating express car wash includes the business and fee-simple ownership of its real estate. Built in 2022, the facility contains 4,826 square feet on approximately 1.75 acres. Its automated tunnel measures 120 feet and is rated for throughput of more than 100 cars per hour. Equipment includes advanced payment stations and high-suction vacuums, with multiple wash packages available. The Unlimited Wash Club membership program encourages repeat visits.

The property fronts Aurora Parkway, which carries approximately 17,270 vehicles per day, and sits across from Southlands Shopping Center. The center includes Walmart Supercenter, Sam’s Club, Dick’s Sporting Goods, AMC Theatres and Ross. E-470, with approximately 50,659 vehicles per day, and E Smoky Hill Road, with approximately 32,793, are also accessible from the site. The property is 23 miles from downtown Denver and is within the Denver MSA, with a population of 3.07 million.

Key Highlights

  • Operating express car wash business with fee‑simple real estate
  • Built in 2022; 4,826 square feet on approximately 1.75 acres
  • 120‑foot automated tunnel rated for 100+ cars per hour

Property Analytics

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Open Analytics

Current Use

Car washes

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility

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

Lease Details

17,270 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 80016, CO

65,406
Population
24,227
Households
2.7
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
32.3 sq mi
ZIP Area
2,025
Density / Sq Mi
$148,421
Median Household Income
$72,518
Median Earnings
$2,140
Median Rent
$707,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Car wash - An operating express-wash business includes the underlying fee-simple property and a membership program for repeat customers.
Where is this car wash located?
The property is located at 5850 S Elk Way Aurora, CO.
What is the asking price?
The asking price for this property is $6,756,400.
What are key features of this property?
This property features: Operating express car wash business with fee‑simple real estate; Built in 2022; 4,826 square feet on approximately 1.75 acres; 120‑foot automated tunnel rated for 100+ cars per hour
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