5690 Peoria Ave Glendale, AZ 85302-1400

Property Details for 5690 Peoria Ave

Year built

1990

Construction

CONCRETE

Lot size

0.85 lot acres

Property size

3,239 SF

Zone code

C-2

Property type

Car washes

APN

148-25-630B

APU

14825630B

Description

This exceptional car wash opportunity presents a turnkey operation in Glendale, Arizona. Located at 5690 W Peoria Ave, this 0.85-acre property (APN 148-25-630B) boasts a prime location within a dense market, enjoying high visibility with approximately 41,000 vehicles passing daily. The single-tenant building, originally constructed in 1990, underwent a significant renovation in 2022, incorporating approximately $250,000 in improvements. This established business benefits from a loyal customer base cultivated over decades of operation. The surrounding area demonstrates strong retail presence, with nearby businesses including Home Depot, Walgreens, and Applebee's. The property's strong demographics include a healthy 3-mile population of 156,000 residents and 55,000 households. Further bolstering its investment potential is the projected 6.98% population growth within a 1 and 3-mile radius over the next five years. The asking price for this thriving car wash is $2,812,000. This is a rare opportunity to acquire a well-established, high-performing business in a rapidly growing market.

Location Insight

City

Glendale

County

Maricopa

State

Arizona

Longitude

-112.181

Latitude

33.5825

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments