Property summary
This exceptional turnkey opportunity presents a thriving SudsNSoda Express Car Wash, ideally situated in West Jordan, Utah's rapidly expanding Salt Lake City MSA. Boasting a 100% occupancy rate, this single-tenant, freestanding retail property encompasses 6,915 square feet on a 1.23-acre lot. Built in 2021, the car wash features a 165-foot tunnel equipped with top-of-the-line equipment from Buddco distributing, reflecting a professional and no-expense-spared build-out. The property's strategic location on a major retail thoroughfare ensures high visibility and accessibility, surrounded by national retailers. A recent appraisal valued the property in excess of $7.2 million, underscoring its significant investment potential. The surrounding area boasts average household incomes exceeding $100,000 within 1, 3, and 5-mile radii, indicating a strong and affluent customer base. This presents a unique opportunity for an express car wash operator to either continue operations "as-is" or rebrand the existing successful business. The asking price is $6,200,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · West Jordan, UTZoning
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Zoning designation
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