1437 E MAIN ST

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1437 E MAIN ST

EL CAJON, CA 92021-8616
Asking Price
$2.95M
Asset Type
Car Wash Special-purpose
Class
Class B

What's Special

Owner-User Express & Self-Serve Car Wash Property <ul><li>​<span style="color: rgba(33, 37, 41, 1)">Operational owner-user car wash</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">80-foot automatic tunnel</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">7 self-serve bays</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Multiple vacuum stations</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Car Washes may qualify for 100% bonus depreciation on eligible equipment and improvements (Buyer to consult with CPA or ta

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NOI
$80,000
Cap Rate
2.71%
DSCR
0.46
Underwater
Cash-on-Cash
-10.75%
Monthly Payment
$14,594.99
Annual Cash Flow
$-95,139.885

Location & Travel Times