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195 N SECOND ST
EL CAJON, CA 92021-7241
Business Price
$2.00M
Asset Type
Business Only Business-for-sale
Class
Class B
Financials
Real Estate
Not included
Franchise
No
What's Special
Flex Car Wash | Business Only Sale <p>Maher Commercial Realty presents a turnkey, flex car wash and detailing <strong>business</strong> at 195 N 2nd St in El Cajon, California. Tenant is paying $2,000/month. This operational business and real estate offering provides a stable leased income stream with significant embedded upside through active management and service expansion. The property features a 640 SF service building on a large 19,780 SF (0.45-acre) commercially zoned lot, anchored by a long-term lease with CPI increases.
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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.45%
Monthly Payment
$9,889.961
Annual Cash Flow
$-38,679.536