7980 44th Ave Wheat Ridge, CO 80033-4506
This thriving car wash in Wheat Ridge, Colorado, presents a compelling investment opportunity. Located at 7980 W 44th Ave, this 3,253 square foot facility boasts three self-serve wash bays and two Karcher automatic wash bays, ensuring efficient car flow and high throughput. The property benefits from a modern, well-maintained equipment setup, consistently delivering a superior customer experience. Further enhancing its appeal is a monthly membership app, streamlining operations and fostering customer loyalty. Four Fragramatics shampoo vacuums add to the customer convenience and revenue streams. Situated a quarter-mile west of Wadsworth Boulevard on 44th Avenue, the car wash benefits from the city's ongoing improvements to Wadsworth, including enhanced intersection designs at 44th Avenue, which promise increased traffic flow and improved accessibility. The location enjoys a competitive advantage with only seven other self-serve/automatic car washes within a two-mile radius. This property is ideal for an operator seeking portfolio expansion or an investor looking to enter the lucrative car wash market. The asking price is $2,900,000, translating to $891.48 per square foot. The property is located in Jefferson County, Colorado, zip code 80033.
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
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Property description
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