4
10 S. Jefferson Street | 1200 Wells Fargo Tower | Roanoke, VA 24011 | 540.982.2444 | www.poecronk.com STEPHEN PENDERGRASS BRYAN MUSSELWHITE, CCIM Vice President Senior Vice President 540.855.3655 540.855.3654 [email protected] [email protected] OFFERING SUMMARY Sale Price: $1,875,000 Lot Size: 0.5 Acres Building Size: 2,016 SF Price / SF: $930.06 PROPERTY OVERVIEW Apperson Xpress Car Wash is a newly constructed high tech automatic car wash. The car wash features two automatic bays and self serve vacuums of the highest quality. The property is located on busy Apperson 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 revenue generating property with steady NOI growth. The property is conveniently located on a major thoroughfare in an excellent demographic. Site Data: Traffic Count: 20,000 VPD Road Frontage Feet: 305 Speed Limit MPH: 25 Visibility: at grade PROPERTY HIGHLIGHTS FOR SALE SALEM VA AUTOMATIC CAR WASH 229 APPERSON DR SALEM, VA 24153

SALEM VA AUTOMATIC CAR WASH

  • Upload
    others

  • View
    4

  • Download
    0

Embed Size (px)

Citation preview

Page 1: SALEM VA AUTOMATIC CAR WASH

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

Page 2: SALEM VA AUTOMATIC CAR WASH

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

Page 3: SALEM VA AUTOMATIC CAR WASH

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

Page 4: SALEM VA AUTOMATIC CAR WASH

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