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3817 N Meridian Ave, Oklahoma City, OK, 73112

Foam Brite – 8 Property Portfolio
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Key Information

Type
Retail

Highlights

  • Owner-User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
  • Options& Revenue Streams – This portfolio offers an attractive blend of 36 self-service bays and 10 in-bay automatics, creating multiple income streams and improving customer retention.
  • Low Barrier to Entry – These units are being offered individually or together as a portfolio.
  • Multiple Car Wash Types – This portfolio is comprised of 6 self-service car washes and two low price point express tunnels.
  • E-Commerce Resistant – The car wash industry has thrived despite the presence of E-Commerce.
  • Special Tax Advantage – Accelerated under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 100% of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.
  • Immediate Market Share – This portfolio allows an owner to potentially acquire eight locations and gain immediate market share.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 180759 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203