- Owner/User Opportunity – Rare chance to acquire the building, business, and underlying real estate in a single transaction.
- Multiple Revenue Streams – The Pageland LazerWash caters to a wide customer base with two 40-foot touchless automatic tunnels, four self-serve bays, and eight vacuums. An on-site ice maker provides an additional income source, already factored into NOI.
- Strong Population Growth – Within a 3-mile radius, the population has grown 7.31% since 2020, with a projected increase to 6,002 residents by 2029. The 5-mile radius has seen 8.57% growth since 2020, with projections reaching 10,747 residents—a 2.43% increase over the next five years.
- Exclusive Market Position – As the only car wash in Pageland, the property offers immediate market share and built-in demand.
- Prime Exposure & Visibility – Located along Van Lingle Mungo Blvd with traffic counts exceeding ±10,500 vehicles per day. The 35-mph speed limit enhances visibility and drive-by awareness.
- Attractive Tax Advantages – Under IRS Code Section 179, qualifying buyers may expense up to 40% of the property cost in the first year. Certain car wash assets may also qualify for “bonus depreciation” on personal property acquisitions.
*Matthews™ does not provide tax, legal or account advice. This is for informational purposes only and is not intended to provide or be relied on for tax, legal or accounting advice