Phoenix, AZ 85048

Soak + Shine Car Wash

Property Address

15625 South 32nd Street, Phoenix, AZ, USA

Offering Summary

  • Price: $3,737,000
  • Lot Size: 0.88 Acres
  • Cap Rate: 6.75%
  • Year Built: 1996/2022
  • Building SF: 2,002
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 2% Annual Rental Increases with Multiple Renewal Options
  • Full Renovation Completed in 2022 - Conveyor-Style Car Wash with Full Detailing Service, 5-Bay Self-Serve Car Wash, Self-Serve Pet Wash, and 8 Vacuum Stations
  • Qualifies for 100% Bonus/Accelerated Depreciation
  • 122,126 Residents within a 5-Mile Radius - Growing Trade Area in the Ahwatukee Foothills Community
  • Affluent Trade Area - $148,000 Average Household Income in the Immediate Area
  • Situated at the High-Traffic Intersection of Chandler Boulevard and 32nd Street (±61,900 Cars per Day)
  • Less Than 1 Mile Off the Loop 202 Freeway, a Major Connector for the Phoenix MSA (±51,600 Cars per Day)
  • Down the Road from ±2,800 Students at Desert Vista High School

Broker Information