5690 Peoria Ave, Glendale, AZ 85302-1400
- Car washes
- 3,239 SF
- 0.85 lot acres
Current Use by Public Records
- Frankie's Car Wash / Car Wash
Property Details for 5690 Peoria Ave
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 0.85 lot acres
- Zone code
- C-2
- Property type
- Car washes
- APN
- 148-25-630B
- APU
- 14825630B
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 14, 2021 | $1,800,000 | Suleshwari Glendale Property LLC | F & S Managemetn II LLC | Special Warranty Deed | $1.9M · Merchants Bank Of Indiana |
| Jun 23, 2017 | — | F & S Management II LLC | — | Deed · related | $6.3M · Western Alliance Bank |
| Jun 21, 2017 | — | F & S Management II LLC | — | Deed · related | $6.3M · Western Alliance Bank |
| Sep 6, 2011 | — | F & S Oil-i LLC | — | Deed Of Trust · related | $15.2M · Northern Trust Co |
| Oct 15, 2009 | — | F & S Management II LLC | F & S Management I LLC | Quit Claim Deed | — |
| Mar 6, 2009 | — | F & S Management I LLC | Tce Peoria Avenue LLC | Deed In Lieu Of Foreclosure · related | — |
| May 17, 2007 | $3,030,000 | Tce Peoria Avenue LLC | Mace Car Wash INC | Special Warranty Deed | — |
| Oct 29, 1999 | $700,000 | Mace Car Wash INC | Millennia Car Wash LLC | Grant Deed | — |
| Sep 10, 1998 | $2,657,000 | Millennia Car Wash LLC | Nice Guys Investments Gp | Grant Deed | $2.3M · Franchise Mortgage Acceptance |
| Aug 29, 1997 | $897,000 | Nice Guys Investments | Galleria Auto Wash INC | Grant Deed | $777k · Galleria Auto Wash INC |
| — | — | Millennia Car Wash LLC | — | Deed Of Trust · related | $3M · Franchise Mortgage Acceptance |
| — | — | F & S Management I LLC | — | Deed Of Trust · related | $300k · Biltmore Bank Of Arizona |
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,215,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,867,000
- AI Estimate
- $1,724,000
Market price range: $645k - $2.24MMarket price range: $539k - $2.23M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.181
- Latitude
- 33.5825
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
