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10 S. Jefferson Street | 1200 Wells Fargo Tower | Roanoke, VA 24011 | 540.982.2444 | www.poecronk.com
ST E PH E N PE N D E R G R A S S B RYA N M U S S E LWH I T E , CC I MVice President Senior Vice President540.855.3655 [email protected] [email protected]
OFFERING SUMMARYSale Price: $1,875,000
Lot Size: 0.5 Acres
Building Size: 2,016 SF
Price / SF: $930.06
PROPERTY OVERVIEWApperson Xpress Car Wash is a newly constructed high tech automaticcar wash. The car wash features two automatic bays and self servevacuums of the highest quality. The property is located on busyApperson Dr. in Salem, VA. The corner lot features excellent visibility,and easy access at a signalized corner.
This property offers an excellent opportunity to acquire a revenuegenerating property with steady NOI growth. The property isconveniently located on a major thoroughfare in an excellentdemographic.
Site Data:Traffic Count: 20,000 VPDRoad Frontage Feet: 305Speed Limit MPH: 25Visibility: at grade
PROPERTY HIGHLIGHTS• Turn key operation
• New equipment
• Strategic corner location
• Solid NOI growth
F O R S A L E
S A L E M V A A U T O M A T I C C A R W A S H2 2 9 A P P E R S O N D R S A L E M , V A 2 4 1 5 3
10 S. Jefferson Street | 1200 Wells Fargo Tower | Roanoke, VA 24011 | 540.982.2444 | www.poecronk.com
ST E PH E N PE N D E R G R A S S B RYA N M U S S E LWH I T E , CC I MVice President Senior Vice President540.855.3655 [email protected] [email protected]
F O R S A L E
S A L E M V A A U T O M A T I C C A R W A S H2 2 9 A P P E R S O N D R S A L E M , V A 2 4 1 5 3
10 S. Jefferson Street | 1200 Wells Fargo Tower | Roanoke, VA 24011 | 540.982.2444 | www.poecronk.com
ST E PH E N PE N D E R G R A S S B RYA N M U S S E LWH I T E , CC I MVice President Senior Vice President540.855.3655 [email protected] [email protected]
F O R S A L E
S A L E M V A A U T O M A T I C C A R W A S H2 2 9 A P P E R S O N D R S A L E M , V A 2 4 1 5 3
10 S. Jefferson Street | 1200 Wells Fargo Tower | Roanoke, VA 24011 | 540.982.2444 | www.poecronk.com
ST E PH E N PE N D E R G R A S S B RYA N M U S S E LWH I T E , CC I MVice President Senior Vice President540.855.3655 [email protected] [email protected]
POPULATION 1 MILE 3 MILES 5 MILES
Total Population 4,978 36,544 91,598
Average age 43.5 42.2 40.5
Average age (Male) 41.9 40.0 38.3
Average age (Female) 45.5 44.0 42.4
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,149 14,954 38,408
# of persons per HH 2.3 2.4 2.4
Average HH income $70,143 $68,430 $63,708
Average house value $187,179 $204,853 $211,233* Demographic data derived from 2010 US Census
F O R S A L E
S A L E M V A A U T O M A T I C C A R W A S H2 2 9 A P P E R S O N D R S A L E M , V A 2 4 1 5 3