5690 Peoria Ave Glendale, AZ 85302-1400
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.
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Frankie's Car Wash Car Wash
sidence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O, C-O, & G-O (Professional Office) Use Standards - see Table 2.…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Glendale, AZsidence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O, C-O, & G-O (Professional Office) Use Standards - see Table 2.600-1 B-P, M-1, M-2 (Business and Industrial) Use Standards - see Table 2.700-1 Wha
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
