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420 W 22ND ST
TUCSON, AZ 85713
Asking Price
$895K
Cap Rate
8.29%
Asset Type
Car Wash Special purpose
Class
Class B
What's Special
For Sale Car Wash- Development Opportunity <p><span style="color: rgba(0, 0, 0, 1)">Self Service Car Wash in business since 1973. Sale includes Car Wash and adjoining three vacant lots. Located on a desirable corner lot close to I-10, the 22nd Street Gem & Mineral Show, and downtown Tucson. Sale includes tax code numbers 117-09-114B, 117-09-113A, 117-09-110A, and 117-09-109B. Car wash has been under new management and has undergone approximately $200,000 in new equipment from the new owners, along with a full remodel to every system - in
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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34
