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3950 Harding Blvd, Baton Rouge, LA, 70807

Cruzin Express Car Wash
$2,575,000

Key Information

Lot Size
1.12 Acres
Year Built
2016
Type
Retail

Highlights

  • Owner / User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
  • Proven Track Record – This well-established express tunnel car wash in Baton Rouge, LA presents a unique opportunity for acquisition. It is strategically located on a prominent four-lane highway corridor that connects to I-110 in South Louisiana that has been successfully operating since 2016.
  • Upside Opportunity / Absentee Management – Currently absentee-owned, the facility presents significant upside potential under an experienced or more hands-on owner operator.
  • High Traffic Counts – Positioned on a four-lane artery with over 27,000 vehicles per day on in front of the wash. The site has direct access to the I-110 (53K VPD) and Plank Rd (29K VPD).
  • New Neighboring Developments – Recently built multi-family complex with 300+ units directly behind the wash. Additionally, there are few national hotel & retail developments currently underway within a 0.5mi radius of the facility.
  • Special Tax Advantage – With the newly passed legislation and changes to the accelerated depreciation schedule, a buyer can depreciate up to 100% of the purchase price. *Consult with a CPA for specifics*.
  • Potential Upside – The car wash serves a substantial customer base, with 175K+ residents within a 5-mile radius and 86K+ residents within a 3-mile radius. This investment holds immense opportunity for an owner-operator or a national carwash group, particularly due to the current absentee management.

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810