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39 Route 206 - 7 Bay Car Wash + Business - Highway Location

5,680 SF Specialty Building Offered at $5,700,000 at a 11.08% Cap Rate in Augusta, NJ 07822

Investment Highlights

  • Easy to Manage and Maintain High Cash Flow Property
  • Eco Friendly - Modern Structure and Infrastructure
  • Increasing Population with More Development Coming to the Area
  • Highway Location
  • Consistently Upward Cash Flow Year Over Year

Executive Summary

Excellent cash flow, turnkey operation and a growing/thriving business describe this beautifully maintained 7 bay car wash in picturesque and booming Sussex County.
Meticulous details throughout - reclaimed and rain water collection system, solar powered electric and state of the art equipment make this investment stand out. This car wash can be run with a minimal amount of employees; all bays and areas have 24 hour surveillance monitoring so one can stay on top of their investment at all times.
In addition to the robust car wash income stream, there is a high end detail shop on the property with a long term lease.

Located on rt 206 between two of the most well traveled corridors in the county, you will never have issues with visibility or potential customers. Sussex county
has a larger than average population increase over the past 5 years and is continuing in the same direction. The future will bring even more growth with NYC transit trains
coming to the area in the next few years as per the NJ transit website.
There are Seven Bays total - Two (2) Mark VII Soft Touch XT Automatic Bays, One (1) Mark VII Aqua Jet Touch Free Automatic Bay and Four (4) Self Serve Wash Bays.
There are also 8 Vacuum Stations in addition to various other income producing vending and service machines.
Aqua Bio Wash Water Reclaim System. 4 Underground Rain Water Retention Tanks with a 12,000 gallon capacity.
This car wash was first built in 2003 and has been consistently upgraded between 2011 and 2021 a few examples being a new water retention system built in 2014, and soft touch and touch free bays installed in 2019 and 2021.

Ideal for any investor looking to take over an easy to manage and upwardly growing business with excellent cash flow. Can easily be run with one to two full time employees and one part time employee.
Sale includes Real Estate, Business, Equipment and Fixtures.
Car Wash Building - 5680 SF
Detail Shop 5760 SF
Please contact Marc for more information and details income, expense and equipment list.

Property Facts

Price $5,700,000
Price Per SF $1,004
Sale Type Investment
Cap Rate 11.08%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 3.61 AC
Building Size 5,680 SF
No. Stories 1
Year Built 2005

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00018-0000-00024-05
Land Assessment
$271,100
Improvements Assessment
$509,900
Total Assessment
$781,000

zoning

Zoning Code L-I
L-I
  • Listing ID: 30079114

  • Date on Market: 11/16/2023

  • Last Updated:

  • Address: 39 Route 206, Augusta, NJ 07822

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