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Car Wash

$6,975,000

2727 N Us 17, Mt Pleasant, SC 29466

Active
Last Updated: 04/25/2025

6.75

Cap Rate

471,128

NOI

Details:
Cap Rate:    6.75%
NOI:    $471,128
Building Size:    3,960 sqft
Lot Area:    0.93 acres
Occupancy:    100%
Year Built:    2012
Highlights:
  • EXCELLENT HISTORICAL SALES & 4-WALL PROFIT - The site has successfully operated as an express car wash since its construction in 2012.
  • SALE-LEASEBACK ADVANTAGE – Capitalize on the option to sell the Car Wash through a sale-leaseback, enabling the recoup
  • of the initial investment while maintaining operational control and generating consistent cash flow.
  • HIGH-UPSIDE OPPORTUNITY – This site offers a turnkey business opportunity, allowing a new investor to take over and increase sales through improved marketing and operations.
  • 50,000 VEHICLES PER DAY - The subject property is situated and excellently visible along N Hwy 17, a major thoroughfare in the city of Mt Pleasant, which see traffic counts of approximately 50,000 vehicles per day and is in close proximity to Charleston, SC.
  • FULLY TURNKEY & OPERATIONAL – This Car Wash is fully operational and ready for immediate transition to new ownership,
  • requiring no additional setup or investment. A new owner can step in and begin operations seamlessly from day one.
  • MODERN INFRASTRUCTURE & RECENT RENOVATIONS – The property underwent significant remodeling in 2018, ensuring up-
  • to-date equipment and infrastructure that allows for a seamless transition to new ownership with minimal upfront capital investment.
  • STRONG MARKET DEMAND FOR CAR WASH SERVICES – The car wash industry continues to see increasing consumer demand,
  • driven by subscription models and convenience-focused services, providing a strong foundation for revenue growth at this location.
Description:

Prime Net Lease is pleased to offer the opportunity to acquire the fee simple interest in a recently remodeled, free standing, Car Wash located in Mt Pleasant, South Carolina, a vibrant and affluent community.

Mount Pleasant is a large suburban town in Charleston County, South Carolina, United States. In the Lowcountry, it is the fourth most populous municipality and largest town in South Carolina, and for several years was one of the state's fastest-growing areas, doubling in population between 1990 and 2000. The population was 90,801 at the 2020 census. It is part of the Charleston metropolitan area. Mount Pleasant is located on the east side of Charleston Harbor and the tidal Wando River. The town is wonderfully situated over the beautiful Ravenel Bridge on the east and northeast side of Charleston Harbor and the tidal Wando River. It is bordered to the south by Sullivan’s Island. Over time, the town limits have pushed northeastward from the along Rte. 17, almost to more rural Awendaw. Mount Pleasant is separated from Charleston by the Cooper River. For many years, the town was populated largely on a seasonal basis by Charleston residents wealthy enough to afford summer homes across the river from the Charleston peninsula.

Mount Pleasant is a coastal destination just a bridge away from historic Charleston, SC. Stay awhile and experience our slice of paradise with relaxing modern accommodations, world-class coastal cuisines, a rich culture and that history you can immerse yourself into, attractions for all ages, and more! Whether you have sea legs or are a land lover, Mount Pleasant has exciting activities and attractions that will have you coming back for more. From touring local waterways to playing the back nine, you are sure to top your fun meter. The town is home to a variety of world-class restaurants and eateries. Find your perfect waterfront view or venture inland. Mount Pleasant has a cherished history and is overflowing with culture that you can immerse yourself into. Mount Pleasant has a passion for promoting local. This means visitors and residents alike can shop for unique local items and expect service with southern charm. Find products at specialized boutiques, expansive shopping centers, sweetgrass stands, and antique stores.

Nearby this ZIPS Express Wash lies the city of Charleston, the largest city in the state of South Carolina. The 2020 population of the Charleston metropolitan area, comprising Berkeley, Charleston, and Dorchester counties, was 799,636 residents, the third-largest in the state and the 74th-largest metropolitan statistical area in the United States. Sometimes known as Silicon Harbor, the city is becoming a popular location for high tech and innovation, and this sector has had the highest rate of growth between 2011 and 2012, due in large part to the Charleston Digital Corridor. In 2013, the Milken Institute ranked the Charleston region as the ninth-best performing economy in the US because of its growing IT sector. Notable companies include Blackbaud, Greystar Real Estate Partners, Evening Post Industries, Le Creuset, SPARC a Booz Allen Hamilton subsidiary, BoomTown, CSS, and Benefitfocus.

Map:
Documents:
Title
Car_Wash_-_Mt_Pleasant__SC.pdf
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