4144 E Ramon Rd - Business Sale - 2 Car Washes - Palm Springs
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4144 E Ramon Rd - Business Sale - 2 Car Washes - Palm Springs
9,043 SF Specialty Building Offered at $995,000 at a 12.06% Cap Rate in Palm Springs, CA 92264
Executive Summary
Car wash location with rent of $10,000 a month, benefitting of a long term deal of 23+ year option.
Business sale only
Lease Length: 13 years + 10 year year option
Next Lease Option: $15,000
Can be converted into an express wash - 120FT tunnel
No express car washes in the area
Business sale only
Lease Length: 13 years + 10 year year option
Next Lease Option: $15,000
Can be converted into an express wash - 120FT tunnel
No express car washes in the area
Property Facts
Price | $995,000 | Lot Size | 1.28 AC |
Price Per SF | $110 | Building Size | 9,043 SF |
Sale Type | Investment | No. Stories | 1 |
Cap Rate | 12.06% | Year Built | 1991 |
Property Type | Specialty | Parking Ratio | 3.32/1,000 SF |
Property Subtype | Car Wash | Cross Streets | S. Paseo Dorotea |
Building Class | C | Parcel Number | 677-490-004 |
Price | $995,000 |
Price Per SF | $110 |
Sale Type | Investment |
Cap Rate | 12.06% |
Property Type | Specialty |
Property Subtype | Car Wash |
Building Class | C |
Lot Size | 1.28 AC |
Building Size | 9,043 SF |
No. Stories | 1 |
Year Built | 1991 |
Parking Ratio | 3.32/1,000 SF |
Cross Streets | S. Paseo Dorotea |
Parcel Number | 677-490-004 |
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4144 E Ramon Rd - Business Sale - 2 Car Washes - Palm Springs
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