420 Pkwy StAzle, TX 76020

For Sale
$2,150,000

Profitable Car Wash, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
92
This 2007-built, single-tenant auto shop in Azle, Texas offers an exceptional owner-user opportunity. Boasting a prime location on NW Pkwy St, directly off Jacksboro Hwy with approximately 29,000 vehicles passing daily, this 0.9-acre property provides excellent visibility and high traffic exposure. The high-quality construction features top-of-the-line IBA systems. The business is e-commerce resistant, a significant advantage in today's market. The asking price is $2,150,000, representing a 12% cap rate. This property presents a unique investment opportunity with potential tax advantages under IRS Code Sections 179 & 168(k), potentially allowing for significant business expense deductions. The property's Tax Assessor Parcel Number (APN) is 17178-4R. This is a turnkey operation, including the building, land, and established business. Don't miss this chance to acquire a thriving, established car wash business with significant growth potential.

Highlights

  • Owner-user opportunity to acquire the business, building, and land.
  • High-quality construction and equipment, including top-of-the-line IBA systems.
  • Excellent visibility on Jacksboro Hwy, with approximately 29,000 vehicles per day.
  • E-commerce resistant business model.
  • Potential for significant tax advantages under IRS Code Sections 179 & 168(k), including bonus depreciation.

Property Details for 420 Pkwy St

Property type
Other retail properties, Automotive properties
Year Built
2007
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Azle
County
Tarrant
State
Texas
Latitude
32.898618369747
Longitude
-97.543050249204
420 Pkwy St, Azle, Texas

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420 Pkwy St
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