For Sale
$3,350,000

44267 Division StLancaster, CA 93535

High-Income Generating Car Wash & Repair Center

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a thriving, state-of-the-art express car wash and auto repair center located at 44267 Division St, Lancaster, CA 93535. The property, situated on over 39,608 square feet (approximately 1 acre) of land zoned C3, boasts a 12,812 square foot building encompassing an 8,000 square foot car wash and a 5-bay, 5,000 square foot repair shop. The car wash, recently renovated with over $1.1 million in upgrades, features 18 vacuums and a capacity exceeding 500 cars daily. The repair shop services approximately 800 cars monthly, generating consistent revenue. Currently operating at 100% occupancy since September 9, 2023, the business enjoys a strong history dating back to the early 1980s and serves major national fleet accounts. The current Net Operating Income (NOI) is $250,000, with a pro-forma NOI projected at $350,000, resulting in a 7.46% cap rate and a pro-forma cap rate of 10.45%. The asking price is $3,350,000, representing a price per square foot of $261.47. This turnkey operation offers significant income potential and presents a rare opportunity to acquire a well-established, high-performing auto care center in a prime location. The property's substantial size and established client base provide ample room for future growth and expansion. This is a truly exceptional opportunity to own a complete auto care center with outstanding income potential, significantly below replacement cost.

Highlights

  • Recently converted state-of-the-art express car wash opened early 2022; over $1.1M invested in upgrades including 18 vacuums.
  • 1+ acre lot with 8,000 SF car wash building and 5,000 SF of 5-bay shop space.
  • Established location operating since the early 1980s, servicing major national fleet accounts.
  • Dual-business opportunity: car wash and shop generating combined gross sales exceeding $125,000+/month with significant upside potential.
  • High-volume operation: car wash capacity exceeds 500 vehicles daily; shop services approximately 800 vehicles monthly.
  • Offered below replacement cost.

Property Details for 44267 Division St

Property type
Specialty properties, Car washes
Square Feet
12,812 SF
Lot Size (sq. ft)
1,725,324,480 SF

Location Insight

City
Lancaster
County
Los Angeles
State
California
Latitude
34.6870662
Longitude
-118.1309434
44267 Division St, Lancaster, California

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44267 Division St
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