For Sale
$1,600,000

6830 Cliffdale RdFayetteville, NC 28314

High-Yield Car Wash Duo in Fayetteville

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two well-established car washes in Fayetteville, NC, generating a combined NOI of $162,781 and a 10.17% cap rate. The portfolio includes the Cliffdale Laserwash (7,898 sq ft on 0.83 acres), featuring two automated laser washes, five self-wash bays, and six vacuum stations, plus two additional vacuum/shampoo/fragrance stations. This location boasts a daily traffic count of 35,755 vehicles and is conveniently situated 0.75 miles from I-295 (Exit 21), benefiting from excellent visibility and accessibility. The Camden Road Laserwash (located on 0.79 acres) offers two automated laser washes, five self-wash bays, and four vacuum stations, enjoying a daily traffic count of 8,047 vehicles. Its strategic location is 0.08 miles from Owen Dr. (34,000 VPD) and 0.67 miles from I-95 Business, ensuring consistent customer traffic. Both car washes are meticulously maintained and situated within thriving residential areas, providing a strong and stable customer base. Built between 2001 and 2004, this portfolio offers a compelling return on investment with a total asking price of $1,600,000 ($202.58/sq ft). The properties are zoned LC-CC and represent a rare opportunity to acquire a turnkey, high-performing car wash portfolio in a desirable location.

Highlights

  • $1,600,000 asking price for a portfolio of two car washes in Fayetteville, NC.
  • 7,898 square feet total across both locations, with a price per square foot of $202.58.
  • 10.17% cap rate and $162,781 in net operating income (NOI).
  • Built between 2001 and 2004.
  • Located on a combined 1.62 acres, with LC-CC zoning.

Property Details for 6830 Cliffdale Rd

Property type
Specialty properties, Car washes
Square Feet
7,898 SF
Year Built
2001
Lot Size (sq. ft)
70,567 SF

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0598534
Longitude
-79.0084586
6830 Cliffdale Rd, Fayetteville, North Carolina

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6830 Cliffdale Rd
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