Listing Agency: SURMOUNT

Listed By: Glen Kunofsky · License #NY 49KU1129178 Show Phone

Source: Crexi

Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:44PM

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Investment Insights

Based on property information with market context.

Aqua Express Car Wash occupies a 4,907-square-foot building on an approximately 0.79-acre parcel in Hammond, Indiana. The property is leased on a 20-year triple-net basis, with the lease commencing December 22, 2020. Scheduled rent increases are 2.00% annually.

Key Highlights

• 4,907 square feet of building area
• Approximately 0.79‑acre parcel
• 20‑year NNN lease commenced 12/22/2020

Property Analytics

Current Use

Rainstorm Car Wash Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Parking Lot & Garage Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

387

Businesses Nearby

51k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Speedway Shops & Services

29,674 visits/mo 0.2 miles

Speedway Shops & Services

19,015 visits/mo 0.4 miles

BMO Harris Bank Shops & Services

2,451 visits/mo 0.1 miles

Demographics for 46324, IN

22,611

Population

9,427

Households

2.4

Avg Household Size

36

Median Age

15%

College-Educated

86%

High-School Grad

4.4 sq mi

ZIP Area

5,139

Density / Sq Mi

$61,118

Median Household Income

$38,457

Median Earnings

$1,157

Median Rent

$141,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this car washes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Car wash - The property operates under a long-term NNN lease with annual rent increases.

Where is this car wash located?

The property is located at 7141 Calumet Avenue Hammond, IN.

What is the asking price?

The asking price for this property is $3,514,271.

What are key features of this property?

This property features: 4,907 square feet of building area; Approximately 0.79‑acre parcel; 20‑year NNN lease commenced 12/22/2020