For Sale
$2,700,000

7723 University City BlvdCharlotte, NC 28213

High-volume car wash & lube shop, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving, high-volume car wash and lube shop located at 7723 University City Blvd, Charlotte, NC 28213. The property, situated on a 1.13-acre lot in Mecklenburg County, boasts a total square footage of 49,310, with 6,613 square feet of net rentable space. The main building, constructed in 1996 and extensively renovated in 2023, features modern equipment including PECO and DRB systems. Recent upgrades encompass a new conveyor belt, hoses, and brushes, ensuring optimal operational efficiency. The business benefits from a daily traffic count of 31,500 vehicles, reflecting its prime location within a rapidly expanding area. The sale price of $2,700,000 includes the real estate, business, and all fixtures, furniture, and equipment (FF&E). The property is zoned for commercial use and offers a significant return on investment. The building's finished area is 5,211 square feet. This turnkey operation presents a rare opportunity to acquire a well-established and profitable business in a high-growth market. The asking price per square foot is $54.76.

Property Details for 7723 University City Blvd

Property type
Specialty properties, Car washes
Square Feet
49,310 SF
Year Built/Renovated
1996/2023
Buildings
1
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.29236766919
Longitude
-80.752911506616
7723 University City Blvd, Charlotte, North Carolina

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7723 University City Blvd
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