206 Winchester DrTyler, TX 75701

For Sale
Call for price

High-profit car wash, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This turnkey car wash in Tyler, Texas, presents a lucrative investment opportunity for both owner-operators and passive investors. The 4,000 square foot facility, built in 1999 and extensively renovated in 2024, sits on a 0.86-acre lot at 206 Winchester Dr, Tyler, TX 75701. The property boasts two self-automated touchless tunnels equipped with FRP panels, minimizing vehicle damage and maximizing customer satisfaction. Six coin-operated covered vacuums provide additional revenue streams, complemented by the potential for growth through monthly subscription services. Over $65,000 in capital improvements were made within the last two years, ensuring a modern and efficient operation. The strategic location off Broadway Avenue benefits from high traffic volume, exceeding 28,000 vehicles daily on Winchester and South Broadway, and serves a substantial population base of over 100,000 residents within a five-mile radius. The property's strong financial performance is evident in its current NOI of $123,202 and a pro-forma NOI of $10,315,978. This two-story building is a single structure, offering a streamlined and manageable operation. The property's APN is 15000-0101-00-6017060. This is a rare opportunity to acquire a well-established, high-performing car wash in a prime location.

Highlights

  • Turnkey laser wash business, ideal for owner-operators or passive investors.
  • Over $65,000 in recent capital improvements, resulting in a modern, efficient facility.
  • High-traffic location off Broadway Ave, boasting over 28,000 vehicles daily and a 5-mile radius with over 100,000 residents.

Property Details for 206 Winchester Dr

Property type
Other specialty properties, Automotive properties
Square Feet
4,000 SF
Year Built/Renovated
1999/2024
Buildings
1
Stories
2
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3084194
Longitude
-95.2996203
206 Winchester Dr, Tyler, Texas

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206 Winchester Dr
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