Drive-Thru Car Wash
For Sale
Contact for pricing
6951 E Southern Ave, Mesa, AZ 85209
Drive-thru tunnel car wash with equipment still needed, supported by a long-term Marathon contract.
Property Size7,410 SF
Price / SF$391.36
Days on Market120
Property Features for 6951 E Southern Ave
General Information
Standard status
Active
Size
7,410 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2025
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Matt Leonard · License #BR544219000
(602) 369-7127
Source:
Moodyscre
Added: Jul 1
Changed: Oct 25
Last Checked: Oct 28 at 11:38AM
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 LevRose Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a drive-thru car wash tunnel in place, with car wash equipment still needing to be added to complete the system. The property is supported by an approximately 10-year contract with Marathon in place. Many portions of the property were renovated and upgraded in 2025.
Located in Superstition Springs in East Mesa, the site is east of the southeast corner of Southern Ave and Power Rd. Easy access to US-60 and Loop 202 provides convenient regional connectivity.
Offered for sale, the combination of an installed tunnel layout, recently completed upgrades, and an existing long-term contract with Marathon may be attractive to buyers looking for an operationally focused car wash asset with an immediate path to completion once equipment is installed.
Located in Superstition Springs in East Mesa, the site is east of the southeast corner of Southern Ave and Power Rd. Easy access to US-60 and Loop 202 provides convenient regional connectivity.
Offered for sale, the combination of an installed tunnel layout, recently completed upgrades, and an existing long-term contract with Marathon may be attractive to buyers looking for an operationally focused car wash asset with an immediate path to completion once equipment is installed.
Key Highlights
- Drive‑thru car wash tunnel in place at a high‑traffic retail location in Superstition Springs
- Car wash equipment still needs to be added
- 10‑year contract with Marathon is in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,017
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,340
$1.7M
Cap Rate 7%
$1,243,100
$1.2M
Cap Rate 9%
$966,856
$966.9K
Market Conditions
NOI Build-Up for 7,410 SF
Gross rent
$124.5K $16.80/SF
− Vacancy
−$8.5K −$1.14/SF
EGI
$116.0K $15.66/SF
− OpEx
−$29.0K −$3.91/SF
NOI
$87.0K $11.74/SF
Area
ZIP 85209
Vacancy
6.80%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,340
Cap Rate 7%
$1,243,100
Cap Rate 9%
$966,856
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $87,017 @ 7.0% cap · market cap 3.00%
Second Best
Retail
$1.11M
$974.7K – $1.30M
NOI $77,979 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,229 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Groceries 33%
Home Improvements & Furnishings 16%
Dining 11%
WinCo Foods
Groceries
66,478 visits/mo
0.2 miles
Circle K
Shops & Services
29,421 visits/mo
0.2 miles
Dollar Tree
Shops & Services
19,824 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
19,122 visits/mo
0.2 miles
PetSmart
Shops & Services
14,582 visits/mo
0.1 miles
Demographics for 85209, AZ
44,192
Population
21,921
Households
2
Avg Household Size
44
Median Age
33%
College-Educated
93%
High-School Grad
11.8 sq mi
ZIP Area
3,745
Density / Sq Mi
$80,498
Median Household Income
$46,682
Median Earnings
$1,798
Median Rent
$363,800
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
Frequently Asked Questions
What type of property is this?
Car wash - Drive-thru tunnel car wash with equipment still needed, supported by a long-term Marathon contract.
Where is this car wash located?
The property is located at 6951 E Southern Ave Mesa, AZ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Drive‑thru car wash tunnel in place at a high‑traffic retail location in Superstition Springs; Car wash equipment still needs to be added; 10‑year contract with Marathon is in place
