Express Car Wash
604 FAIRWAY DR Galt, CA 95632
604 FAIRWAY DR, Galt, CA, 95632
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For Sale
Contact for pricing
Fee-simple express tunnel car wash with towel-dry, recently updated, positioned for continued membership-based operations.
Property Size4,100 SF
Price / SF$609.76
Days on Market50
Property Features for 604 FAIRWAY DR
General Information
- Standard status
- Active
- Size
- 4,100 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2002
Listing agency
Lee & Associates - Walnut Creek
(650) 787-1535
Listed by
Tyler Clark · License #CA 01900784
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 5:57AM
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 Lee & Associates - Walnut Creek
Investment Insights
Based on property information with market context.
Triple Crown Car Wash is a fee-simple express tunnel car wash with towel-dry, presented for sale as a clean, updated operation. The site is described as a recently updated facility and is offered as a fee-simple asset.
The property is located at 604 Fairway Dr in Galt, California. The seller’s materials characterize the market as an express tunnel environment with one direct competitor mentioned, and provide context around local residential growth and demographics.
Financial information provided with the offering includes 2024 adjusted NOI of $282,643, cited as an 11.3% cap rate at the asking price, along with a softer 2025 adjusted NOI of $227,413 (9.1% cap). The remarks attribute the 2025 results to owner disengagement, passive operations, and minimal marketing rather than physical or structural issues. The offering also notes that under active management, a recurring membership program, extended hours, and targeted marketing are expected to support Year-2 revenue of $750,000–$850,000 and adjusted NOI of $300,000–$380,000, described as pro forma. Prospective buyers should treat projections as estimates rather than guarantees, and review operating assumptions as part of their due diligence.
The property is located at 604 Fairway Dr in Galt, California. The seller’s materials characterize the market as an express tunnel environment with one direct competitor mentioned, and provide context around local residential growth and demographics.
Financial information provided with the offering includes 2024 adjusted NOI of $282,643, cited as an 11.3% cap rate at the asking price, along with a softer 2025 adjusted NOI of $227,413 (9.1% cap). The remarks attribute the 2025 results to owner disengagement, passive operations, and minimal marketing rather than physical or structural issues. The offering also notes that under active management, a recurring membership program, extended hours, and targeted marketing are expected to support Year-2 revenue of $750,000–$850,000 and adjusted NOI of $300,000–$380,000, described as pro forma. Prospective buyers should treat projections as estimates rather than guarantees, and review operating assumptions as part of their due diligence.
Key Highlights
- Fee‑simple express tunnel car wash with towel‑dry offered at $2,500,000
- Built in 2002; property described as clean and recently updated
- 2024 adjusted NOI of $282,643 at an 11.3% cap rate (at the asking price)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Car wash - Fee-simple express tunnel car wash with towel-dry, recently updated, positioned for continued membership-based operations.
Where is this car wash located?
The property is located at 604 FAIRWAY DR Galt, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fee‑simple express tunnel car wash with towel‑dry offered at $2,500,000; Built in 2002; property described as clean and recently updated; 2024 adjusted NOI of $282,643 at an 11.3% cap rate (at the asking price)
