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129 Us-25-70 - Mountain Mist Carwash

19,163 SF Specialty Building Offered at $1,799,000 at a 6.57% Cap Rate in Dandridge, TN 37725

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Investment Highlights

heavy car count due to location
heated floors for winter washing
LED lights for night use

open 24 hours a day
automatic doors for automatic washes

Executive Summary

Great investment. Six bay carwash with a covered vacuum area in a great location and well-established business. Two automatics with soft cloth and four self-serve bays. Four vacuums with a fragrance combination and a shampoo combination. There is also space for extra four more vacuums if you want to add them. The floors in the bays are heated. The automatics have automatic doors for winter weather. There is a monitor system with cameras over the property. Each bay will accept quarters, tokens and credit cards. P&l will be released upon buyers' ability to have a letter from bank proof of funds. Buyer and buyer agent to verify all information. Call the listing agent for access to the equipment room.

COA

personal interest disclosure

Financial Summary (Actual - 2022)	Annual	Annual Per SF
Gross Rental Income	$316,532	$16.52
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$316,532	$16.52
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$175,958	$9.18
Net Operating Income	$140,574	$7.34

Financial Summary (Actual - 2022)

Gross Rental Income
Annual	$316,532
Annual Per SF	$16.52

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$316,532
Annual Per SF	$16.52

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$175,958
Annual Per SF	$9.18

Net Operating Income
Annual	$140,574
Annual Per SF	$7.34

Property Facts

Price	$1,799,000	Building Class	C
Price Per SF	$94	Lot Size	1.04 AC
Sale Type	Investment	Building Size	19,163 SF
Cap Rate	6.57%	No. Stories	1
Sale Conditions	1031 Exchange Bulk/Portfolio Sale Business Value Included	Year Built	2002
Property Type	Specialty	Parking Ratio	0.42/1,000 SF
Property Subtype	Car Wash

Price	$1,799,000
Price Per SF	$94
Sale Type	Investment
Cap Rate	6.57%
Sale Conditions	1031 Exchange Bulk/Portfolio Sale Business Value Included
Property Type	Specialty
Property Subtype	Car Wash
Building Class	C
Lot Size	1.04 AC
Building Size	19,163 SF
No. Stories	1
Year Built	2002
Parking Ratio	0.42/1,000 SF

Amenities

Signage

Wheelchair Accessible

Air Conditioning

Smoke Detector

About 129 Us-25-70 , Dandridge, TN 37725

Absolutely wonderful investment. This six bay carwash with covered vacuum area is in a great location and well established. Two automatics with soft cloth and four self-serve bays. Four vacuums with fragrance combination and a shampoo combination on one of the vacs. Vending machine also at the vacuum area. There is wiring in place and set up for four more vacuums if you want. The soft cloth automatics are Autec 260 and Autec EV1 Evolution Turbo. We offer cash, token and credit card on all bays. We have security monitor system throughout the carwash. P&L will be released upon buyers ability to have letter from bank proof of funds. Buyer and buyers agent to verify all information. All floors in the bays have heat. The automatics have doors that are automatic in the winter months. Both automatics have dryers on certain wash levels. Call listing agent for access to inside the equipment room.

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