6925 Colerain Avenue

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6925 Colerain Avenue

Cincinnati, OH 45239
Asking Price
$1.68M
Asset Type
Car Wash Retail
Class
Class B

What's Special

$1,680,000 | Business & Real Estate | 1.66 AC <p>● Limited Competition – Royal Car Wash benefits from a strong infill location along Colerain Avenue in Cincinnati with limited direct express tunnel competition immediately surrounding the site. While the broader Cincinnati MSA has continued to see new car wash development, barriers to entry in established trade areas remain meaningful, helping protect existing customer bases and traffic counts. </p><p></p><p>● Growing Area – The property is positioned within a dense and established Northwest

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NOI
$80,000
Cap Rate
4.76%
DSCR
0.80
Underwater
Cash-on-Cash
-3.92%
Monthly Payment
$8,311.723
Annual Cash Flow
$-19,740.68

Location & Travel Times