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10215 China Spring Rd, Waco, TX, 76708

COUGAR RIDGE CAR WASH FOR AUCTION
CONTACT BROKER

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Highlights

STARTING BID: $200,000

BIDDING DATES: APRIL 21-23, 2025

INVESTMENT HIGHLIGHTS

  • ±14,000 Vehicles Per Day – The property experiences a high volume of daily vehicular traffic, offering excellent visibility from the road. Its convenient accessibility ensures efficient customer service, catering to the needs of clients promptly and effectively.
  • 90-Foot Sonny’s Mini Tunnel – As express car washes dominate the industry, the equipment deployed at this property has revolutionized space utilization within the facility. By maximizing throughput capabilities, it efficiently washes up to ten times more vehicles, enhancing operational efficiency and meeting the demands of a fast-paced market.
  • Brand New Equipment Installed in 2023 – Recent investments exceeding $180,000 have bolstered this property with state-of-the-art equipment installed within the past year. The enhancement significantly mitigates risk, as it addresses the critical equipment requirements essential for operating a thriving car wash operation.
  • 4 Self Service Bays – The inclusion of four self-service bays empowers customers to personally attend to their vehicle’s cleaning needs, catering to individuals who prioritize a hands-on approach and prefer avoiding the potential drawbacks associated with automated express wash tunnels.
  • Excellent Location Less Than 10 minutes Away from Baylor University – Benefitting from its proximity to Baylor University, located just under ±10 minutes away, this property anticipates robust business during the vibrant fall and spring seasons. With significant influx of students and visitors to Waco, these periods promise heightened foot traffic and increased customer engagement, presenting a prime opportunity for sustained growth.
  • Nearing 5% Growth Since Last Reported Census – Waco has experienced a consistent growth trajectory over the past five years. This trend is poised to continue as the city expands its infrastructure and attracts new residents and businesses. This upward trajectory positions Waco as a dynamic hub for economic development and community expansion in the foreseeable future.

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225

Key Information

Tot. SF
4,500
Year Built
2003
Term Remaining
±0.6 YRS
Type
Retail