Land Available For Sale @ 1431 John Small Ave

For sale is an established car wash and dog wash located in Washington, NC on highly traveled John Small Avenue/US Hwy 264 E. 2014 NC DOT maps show 14,000 VPD in front of the site.

Property consists of 4.23± acres gross, of which approximately .88± acres is usable and represents the developed area of the site. The site is improved with a masonry block 6 bay self service and 2 bay laser car wash and accompanying equipment room. Currently one of the laser bays is inoperable.

There is a separate dog wash facility located at the front of the site as well as vacuum stations, a vehicle dryer, and change machine on the site. Site is well landscaped and is paved with curb and gutter and site lighting. There is also a high profile sign on the site.

This is a wonderful opportunity to purchase an existing stream of cash and there are opportunities to enhance that income for the buyer.

Asking price represents a 9.1% cap rate based on 2015 NOI