Current Use by Public Records
- Car Wash / Car Wash
Property Details for 5440 Evans Ave
- Year built
- 1986
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity presents a fully operational, touchless car wash located at 5440 E Evans Ave, Denver, CO 80222. Built in 1986, this single-tenant property boasts 2,675 square feet on an 11,500 square foot lot. Currently operating at 100% occupancy, the car wash features one touchless automatic bay and five self-serve bays, strategically positioned on an arterial street with high visibility and convenient access. The property benefits from its location within a rapidly growing area, experiencing significant residential and commercial development, including new apartments and retail establishments. This stabilized investment offers a strong return, with potential for further revenue growth through minor price adjustments. The asking price is $4,500,000. The property's high-profit margins and prime location make it an ideal acquisition for investors seeking a stable and lucrative investment in the Denver market. This is a single-tenant property with a proven track record of success. The property is well-maintained and efficiently operated, contributing to its high profit-to-income ratio.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.925
- Latitude
- 39.6785
