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3223 N Kickapoo - Shawnee Suds

3,600 SF Specialty Building Offered at $595,000 in Shawnee, OK 74804

Investment Highlights

  • High Daily Traffic Count
  • Strong Historical Financials
  • Value Add

Executive Summary

This three-bay automatic carwash in Shawnee, Oklahoma, is currently for sale at a significant discount. Despite being under contract for over one million dollars, the property suffered damage from a tornado during a Shawnee storm, which resulted in the termination of that purchase agreement. Historical P&L statements and a bid for equipment repairs are available for download upon signing a confidentiality agreement. If the repairs were made and an owner-operator was able to get the NOI back to the 2022 sales numbers, then this wash would be just north of a 19% Cap Rate on actuals. For more information and details about this valuable opportunity, please contact Brad Huffman.

Data Room Click Here to Access

Property Facts

Price $595,000
Price Per SF $165
Sale Type Owner User
Sale Conditions Distress Sale
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.69 AC
Building Size 3,600 SF
No. Stories 1
Year Built 2008

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
372000014004000100
Land Assessment
$15,415
Improvements Assessment
$36,938
Total Assessment
$52,353
  • Listing ID: 30683064

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 3223 N Kickapoo, Shawnee, OK 74804

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