4088 Federal BlvdSheridan, CO 80110

Property Details for 4088 Federal Blvd

Year built

2000

Lot size

0.39 AC

Property size (Sq ft)

16,678 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

Exceptional investment opportunity: This fully operational, self-service car wash in Englewood, Colorado is offered at $950,000. Located on a 0.387-acre lot at 4088 S Federal Blvd, this 16,678 square foot property boasts a 100% occupancy rate and a strong 12% cap rate. Built in 2000 and extensively renovated in 2021, the facility features three standard car wash bays (wand and brush), one oversized bay for trucks and vehicles, and a state-of-the-art touch-free in-bay automatic bay with a new Laserwash 360 system and autocashier unit. The 1,820 square feet of net rentable space is complemented by a comprehensive upgrade of capital equipment in 2021, including high-efficiency boilers, a new automatic system, a low-pressure foam system, and a high-pressure pumping station. Benefitting from high traffic counts and excellent visibility, this car wash is situated in a designated Colorado Opportunity Zone, presenting significant tax advantages for qualified investors. The property's strong performance and prime location make it an attractive investment prospect with substantial potential for future growth. Financial disclosures are required.

Location Insight

City

Sheridan

County

Arapahoe

State

Colorado

Latitude

39.6428

Longitude

-105.025

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