For Sale
$2,812,000

5690 Peoria Ave Glendale, AZ 85302

Established Car Wash, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional car wash opportunity presents a turnkey operation in Glendale, Arizona. Located at 5690 W Peoria Ave, this 0.85-acre property (APN 148-25-630B) boasts a prime location within a dense market, enjoying high visibility with approximately 41,000 vehicles passing daily. The single-tenant building, originally constructed in 1990, underwent a significant renovation in 2022, incorporating approximately $250,000 in improvements. This established business benefits from a loyal customer base cultivated over decades of operation. The surrounding area demonstrates strong retail presence, with nearby businesses including Home Depot, Walgreens, and Applebee's. The property's strong demographics include a healthy 3-mile population of 156,000 residents and 55,000 households. Further bolstering its investment potential is the projected 6.98% population growth within a 1 and 3-mile radius over the next five years. The asking price for this thriving car wash is $2,812,000. This is a rare opportunity to acquire a well-established, high-performing business in a rapidly growing market.

Highlights

  • Turnkey car wash operation with $250,000 in recent renovations.
  • High-density market with 156,000 residents and 55,000 households within a 3-mile radius.
  • Established business operating since 1990 with a loyal customer base.
  • High-traffic location with approximately 41,000 vehicles passing daily.
  • Strong population growth projected at 6.98% within a 1-3 mile radius over the next five years.
  • Excellent retail location near Home Depot, Walgreens, and Applebee's.

Property Details for 5690 Peoria Ave

Property type
Specialty properties, Retail properties
Year Built/Renovated
1990/2022
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Glendale
County
Maricopa
State
Arizona
Latitude
33.5690908
Longitude
-112.1728283

FAQs

What type of property is this?
Specialty property - Established Car Wash, Turnkey Operation
Where is the specialty property located?
The property is located at 5690 Peoria Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $2,812,000.
What are key features of this property?
This property features: Turnkey car wash operation with $250,000 in recent renovations.; High-density market with 156,000 residents and 55,000 households within a 3-mile radius.; Established business operating since 1990 with a loyal customer base.
How can I contact the broker?
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5690 Peoria Ave
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