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140 Cook St, Abingdon, VA, 24210

Doug’s Super Wash
$11,500,000

Key Information

Tot. SF
6,359
Lot Size
2.04 Acres
Year Built
2023
Type
Retail

Highlights

  • Year-Over-Year Growth – Doug’s Super Wash opened just two years ago and is already on track to grow total sales by nearly 20% year over year. This performance signals a highly productive site with strong long-term value potential. Additionally, the NCS system in place supports scalable operations, positioning the wash for continued expansion as volume increases.
  • Prime Location – Abingdon has seen notable retail growth in recent years, and Doug’s Super Wash sits directly within the area’s main retail corridor. Surrounded by major tenants such as Waffle House, Food City, Holiday Inn Suites, and Firestone Complete Auto Care, the site benefits from steady, high-traffic exposure that drives consistent year-round business.
  • Robust Membership Base – The wash generates reliable recurring revenue through its monthly membership program, which boasts more than 6,100 active members at an average rate of $29.99 per month. With membership growing over 30% annually and minimal local competition, the program provides a stable, predictable income stream while reinforcing strong customer loyalty and ongoing momentum.
  • Tax Benefits – Car washes qualify for bonus depreciation and an accelerated depreciation

*Please consult with CPA for details

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203