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1603 DIXON ST
FREDERICKSBURG, VA 22401
Asking Price
$975K
Asset Type
Commercial Retail
Class
Class B
What's Special
Car Wash | 0.82 AC | Redevelopment Opportunity <p>Johnson Realty Advisors presents this car wash opportunity located at 1603 Dixon Street. The property consists of a 3,770 SF car wash building situated on .82-acre site. IT benefits from strong visibility along Dixon Street, which experiences approximately 28,000 VPD.</p><p></p><p>The existing car was equipment is currently non operational; however the site offers flexibility for a user to refit and get the car wash operational. The property also potentially has a redevelopment play.</p>
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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784
