726 Leonard Ave Albemarle, NC 28001

Property Details for 726 Leonard Ave

Year built

2010

Lot size

0.43 lot acres

Property size

1,950 SF

Zone code

GHBD

Property type

Car washes

APN

654804817149

APU

654804817149

Description

This exceptional investment opportunity presents two thriving car washes in the Charlotte MSA, North Carolina. The portfolio includes two strategically located properties, one in Albemarle and one in Concord. The Albemarle location boasts a prime retail position, situated on the main drag in front of major retailers such as Walmart, Tractor Supply, T.J. Maxx, and Hobby Lobby. This location benefits from exceptionally high daily vehicle traffic exceeding 20,000 vehicles per quarter mile. The Concord location is similarly situated near the Carolina Mall and enjoys highway frontage on Branchview Drive, with over 21,000 vehicles passing daily. This location also includes approximately 0.70 acres of cleared land, presenting a significant value-add development opportunity. Both locations are situated within a rapidly growing area, experiencing a 50% population increase since 2002. The portfolio is offered at $2,450,000 and is currently operating at 100% occupancy. This is a rare opportunity to acquire a turnkey, high-performing car wash portfolio in a dynamic market. The properties can be sold individually or as a package. Detailed financial information is available upon request.

Location Insight

City

Albemarle

County

Stanly

State

North Carolina

Longitude

-80.1779

Latitude

35.3413

CBSA code

10620

CBSA name

ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments