000 Confidential Way

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000 Confidential Way

Charlotte, NC 28202
Asking Price
$3.45M
Asset Type
Car Wash Retail
Class
Class B

What's Special

Fully Operational Car Wash | Owner-User Opportunity | Retail | 6,256 SqFt <ul><li>​FULLY OPERATIONAL EXPRESS TUNNEL WASH</li><li>​BONUS DEPRECIATION OPPORTUNITY</li><li>​LIMITED COMPETITION IN THE AREA</li><li>​RECENT MAJOR RENOVATIONS | ± 350K INVESTMENT</li><li>​21% ABOVE NATIONAL MEDIAN INCOME | HIGH GROWTH AND AFFLUENT DEMOGRAPHICS</li><li>​<span style="color: rgba(34, 34, 34, 1)">CLOSE PROXIMITY TO MAJOR MALL | DENSE RETAIL CORRIDOR</span></li><li>​CHARLOTTE MSA | $256 BILLION GDP</li></ul>

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NOI
$80,000
Cap Rate
2.32%
DSCR
0.39
Underwater
Cash-on-Cash
-12.06%
Monthly Payment
$17,068.718
Annual Cash Flow
$-124,824.611

Location & Travel Times