5865 US Hwy 6, Portage, IN 46368
Full-service facility with recently updated equipment and strong US Highway 6 frontage for high-visibility customer access.
- Added:
- Jun 9, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 7:30 am
Property Features for 5865 US Hwy 6
General Information
- Standard status
- Active
- Size
- 6,026 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agent Nick Sommer License #IN
Listing office CENTURY 21 Alliance Group
Listing date Jun 9, 2026
Source Crexi
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 CENTURY 21 Alliance Group
HighLights
- Full‑service carwash built in 1985 in Portage, Indiana
- Recently updated equipment at the carwash facility
- Established loyalty program in place
- Strong US Highway 6 frontage with traffic counts over 21,000 vehicles per day
- Located near major national retailers and restaurants including Aldi, Meijer, Target, Walmart, Menards, Panera Bread, Starbucks, and McDonald's
- Detailed financials and operating data available upon execution of a confidentiality agreement
Overview
The property offers excellent frontage along US Highway 6. Public remarks indicate traffic counts in excess of 21,000 vehicles per day, creating substantial visibility and convenient customer access from the corridor. The site is positioned near major national retailers and restaurants, including Aldi, Meijer, Target, Walmart, Menards, Panera Bread, Starbucks, and McDonald's.
For buyers seeking an automotive-focused, operational car wash, this offering provides a fully equipped setup with the noted loyalty program and direct exposure to one of Northwest Indiana’s key growth areas. Detailed financials and operating data are available upon execution of a confidentiality agreement, and tours can be scheduled by request.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $162.7k | $27.00 |
| − Vacancy | −$5.7k | −$0.95 |
| EGI | $157.0k | $26.06 |
| − OpEx | −$39.3k | −$6.51 |
| NOI | $117.8k | $19.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.183945
- Latitude
- 41.549857
