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Home / Offerings / Diamond Auto Wash — Newly Built

Newly built express car wash tunnel lit blue at dusk with the Detroit skyline behind it.

Representative image — asset type shown, not the subject property

Car Wash · Business for Sale · Business + Real Estate · Available

Diamond Auto Wash — Newly Built

A newly built express wash at a 22.5% cap on in-place income, with a pro forma of $240,000 NOI — roughly a 30% cap — and $50,000 of backup equipment included.

Price
$795K
NOI
$180K
Cap rate
22.5%

Address: 6245 E 7 Mile Rd, Detroit, MI 48234

01Highlights

  • Newly built express car wash
  • In-place NOI $180,000 — a 22.5% cap
  • Pro forma NOI $240,000 — approximately a 30% cap
  • $50,000 of backup equipment included
  • SiteWatch system included

02Offering memorandum

Get the full package.

Financials, aerials, demographics and lease detail — the same offering memorandum our investor list receives.

Joseph Jazrawi, Acquisitions & Dispositions at ICON Commercial Experts

Joseph Jazrawi

Acquisitions & Dispositions · Commercial · NET Lease

586-331-6211 · joseph@iconcrex.com

Request the offering memorandum

Full financials, aerials and demographics for this offering.

Or call Joseph directly — 586-331-6211

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