583 E THIRD ST

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583 E THIRD ST

JACKSON, GA 30233-2147
Asking Price
$3.50M
Asset Type
Car Wash Special-purpose
Class
Class B

What's Special

Newer, High-Performing Express Carwash with 2,900+ Members <p>A mature, high-performing express car wash that has already established a stable, recurring revenue base of nearly 3,000 unlimited members and predictable cash flows. The site sits on Jackson's high-traffic main retail strip with no competing express car wash within 10+ miles. The facility features a 100-foot tunnel, 22 vacuum spaces, and 2 paystation lanes, all equipped with Sonny's equipment. The land and building are secured under a long-term lease, offering a turnkey operation with strong

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times