6402 San Pedro AveSan Antonio, TX 78216

For Sale
$3,500,000

High-traffic car wash, strong demographics

Overview

Added:
Dec 11, 2024
Days on market:
93
This newly renovated WaveBrite Express Car Wash presents a unique investment opportunity in San Antonio, Texas. Located on San Pedro Ave at 6402 & 6410, this 1.03-acre property boasts a prime location with approximately 39,280 vehicles passing daily (VPD). The site benefits from its proximity to popular recreational destinations including the San Pedro Drive Range and Golf Course, The Rollercade, and the Shearer Hills Walking Trail, ensuring consistent customer traffic. The car wash features state-of-the-art equipment and was recently renovated in 2024. Strong demographics support this investment, with a population of approximately 319,276 within a 5-mile radius and a projected growth rate of 1.3% annually from 2024 to 2029. The e-commerce resistant nature of the car wash industry further enhances its stability. This property offers significant tax advantages, potentially qualifying for accelerated depreciation under IRS Code Sections 179 & 168(k), allowing for substantial business expense deductions. The asking price is $3,500,000. This is a single-tenancy property.

Highlights

  • Newly renovated WaveBrite car wash, 2024 construction, offering immediate upside potential.
  • Strong demographics: ±319,276 population within a 5-mile radius, projected 1.3% growth (2024-2029).
  • E-commerce resistant business model.
  • High traffic location on San Pedro Ave., ±39,280 vehicles per day (VPD), near recreational amenities.
  • Potential for significant tax advantages via accelerated depreciation (IRS Code Sections 179 & 168(k)).
  • Offered in cooperation with Matthews Real Estate Investment Services, Inc.

Property Details for 6402 San Pedro Ave

Property type
Other specialty properties, Other retail properties
Lot Size (sq. ft)
44,867 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4954391
Longitude
-98.4988462
6402 San Pedro Ave, San Antonio, Texas

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6402 San Pedro Ave
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