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144 East Palmdale Boulevard
Palmdale, CA 93550
Asking Price
$1.50M
Cap Rate
6.5%
Asset Type
Car Wash Retail
Class
Class B
What's Special
REO Express Car wash Opportunity <p><em>Kidder Mathews is pleased to present the sale of a lender-owned express car wash located at 144 E Palmdale Blvd, Palmdale, CA 93550. </em></p><p>This lender-owned express car wash offers an exceptional opportunity to acquire a turnkey, income-producing asset in the growing city of Palmdale, California. Situated on a 0.66-acre corner lot along highly trafficked East Palmdale Boulevard, the property features a modern ±5,400 SF facility with a ±100 foot wash tunnel, 10 vacuum stations, & amp
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
