Operating Car Wash
For Sale
$1,100,000
7535 Bandera Rd, San Antonio, TX 78238
Operating car wash with one automatic bay and three self-service bays supporting coin and credit card payments.
Property Size2,448 SF
Price / SF$449.35
Days on Market297
Property Features for 7535 Bandera Rd
General Information
Standard status
Active
Size
2,448 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
3
C-3
Corner Lot.
Corner.
Building Details
Year Built
2016
Listing Agency:
BEK Real Estate Advisors, LLC
(210) 913-3044
Listed By:
Brandon Kneupper · License #0551685
Source:
Xome
Added: Nov 14, 2025
Changed: Sep 1
Last Checked: Sep 7 at 6:22AM
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 BEK Real Estate Advisors, LLC
Investment Insights
Based on property information with market context.
This operating car wash facility is configured with one automatic bay and three self-service bays. Payment options at the self-service bays include both coin and credit card. The property is positioned as a high-visibility retail car wash with established operating history.
The facility is located at 7535 Bandera Rd in San Antonio, TX, with convenient access to Loop 410. Public remarks also note strong traffic counts supporting the car wash’s retail-oriented presence.
The offering is for sale.
The facility is located at 7535 Bandera Rd in San Antonio, TX, with convenient access to Loop 410. Public remarks also note strong traffic counts supporting the car wash’s retail-oriented presence.
The offering is for sale.
Key Highlights
- Operating car wash with 1 automatic bay and 3 self‑service bays
- Coin and credit card payment options at self‑service bays
- Year built: 2016
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,207
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$744,140
$744.1K
Cap Rate 7%
$531,529
$531.5K
Cap Rate 9%
$413,411
$413.4K
Market Conditions
NOI Build-Up for 2,448 SF
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.
Gross rent
$51.4K $21.00/SF
− Vacancy
−$1.8K −$0.74/SF
EGI
$49.6K $20.27/SF
− OpEx
−$12.4K −$5.07/SF
NOI
$37.2K $15.20/SF
Area
San Antonio, TX
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$744,140
Cap Rate 7%
$531,529
Cap Rate 9%
$413,411
Alternative Uses
Best Use
Specialty Retail
$531.5K
$465.1K – $620.1K
NOI $37,207 @ 7.0% cap · market cap 3.38%
Second Best
Retail
$468.1K
$409.6K – $546.2K
NOI $32,770 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$624.4K
$546.4K – $728.5K
NOI $43,711 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 78238, TX
26,014
Population
11,726
Households
2.2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,550
Density / Sq Mi
$56,227
Median Household Income
$36,268
Median Earnings
$1,183
Median Rent
$191,300
Median Home Value
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Operating car wash with one automatic bay and three self-service bays supporting coin and credit card payments.
Where is this car wash located?
The property is located at 7535 Bandera Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Operating car wash with 1 automatic bay and 3 self‑service bays; Coin and credit card payment options at self‑service bays; Year built: 2016
