- Available Spaces
• Year Built: 1999
1431 John Small Avenue is aspecial purpose property for lease in Washington, NC. The property currently has 1 special purpose space for lease and is marketed by The Overton Group, Llc.
For sale is an established car wash and dog wash located in Washington, NC on highly traveled John Small Avenue/US Hwy 264 E. 2014 NC DOT maps show 14,000 VPD in front of the site.
Property consists of 4.23± acres gross, of which approximately .88± acres is usable and represents the developed area of the site. The site is improved with a masonry block 6 bay self service and 2 bay laser car wash and accompanying equipment room. Currently one of the laser bays is inoperable.
There is a separate dog wash facility located at the front of the site as well as vacuum stations, a vehicle dryer, and change machine on the site. Site is well landscaped and is paved with curb and gutter and site lighting. There is also a high profile sign on the site.
This is a wonderful opportunity to purchase an existing stream of cash and there are opportunities to enhance that income for the buyer.
Asking price represents a 9.1% cap rate based on 2015 NOI