12131 N Federal Pky - The Auto Spa - Do Not Contact Employees
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12131 N Federal Pky - The Auto Spa - Do Not Contact Employees
5,093 SF Specialty Building Offered at $3,200,000 at a 9.62% Cap Rate in Westminster, CO 80234
Investment Highlights
- BUILDING AND BUSINESS FOR SALE - DO NOT CONTACT EMPLOYEES
- TRAILING THREE YEAR AVERAGE CAP RATE - 11.16%
- 118 FOOT EXPRESS TUNNEL WASH AND THREE DETAIL BAYS WITH PECO CAR WASH SYSTEMS
- 2023 CAP RATE - 9.62%
- SIGNIFICANT AMOUNT OF CAPITAL IMPROVEMENTS SINCE 2020
- SURROUNDED BY SINGLE FAMILY HOMES, MULTI-FAMILY APARTMENTS AND COMMERCIAL DEVELOPMENTS
Executive Summary
BUILDING AND BUSINESS FOR SALE
The Auto Spa located at 12131 North Federal Boulevard is full-service car wash property located in Westminster, Colorado. This Owner/User
opportunity is surrounded by single family homes, multi-family apartment buildings and commercial developments, servicing the 43,843 household within a three-mile radius.
The property was built in 2007 with recent updates and regular annual maintenance completed. The car wash has a 118-foot express tunnel wash with two detail bays and PECO Car Wash Systems.
The Auto Spa located at 12131 North Federal Boulevard is full-service car wash property located in Westminster, Colorado. This Owner/User
opportunity is surrounded by single family homes, multi-family apartment buildings and commercial developments, servicing the 43,843 household within a three-mile radius.
The property was built in 2007 with recent updates and regular annual maintenance completed. The car wash has a 118-foot express tunnel wash with two detail bays and PECO Car Wash Systems.
Property Facts
| Price | $3,200,000 | Lot Size | 1.27 AC |
| Price Per SF | $628 | Building Size | 5,093 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 9.62% | Year Built/Renovated | 2007/2021 |
| Property Type | Specialty | Parking Ratio | 0.98/1,000 SF |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B |
| Price | $3,200,000 |
| Price Per SF | $628 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.62% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.27 AC |
| Building Size | 5,093 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2007/2021 |
| Parking Ratio | 0.98/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
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PROPERTY TAXES
| Parcel Number | 1573-32-4-01-005 | Improvements Assessment | $313,460 |
| Land Assessment | $283,600 | Total Assessment | $597,060 |
PROPERTY TAXES
Parcel Number
1573-32-4-01-005
Land Assessment
$283,600
Improvements Assessment
$313,460
Total Assessment
$597,060
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12131 N Federal Pky - The Auto Spa - Do Not Contact Employees
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