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170 N Kenazo Ave, Horizon City, TX, 79928

TSUNAMI
$1,800,000

Key Information

Year Built
2016
Type
Retail

Highlights

  • Owner/User Opportunity – Opportunity to Acquire the Building, Business and Underlying Real Estate.
  • Low Competition – This Site Has Little Express Wash Competition IN Its Direct Market Allowing for Additional Upside From New Owner.
  • Attractive Price Point – The Offering Price Reflects The Existing Business’S Profitability and Potential for Future Growth While Still Being Below Replacement Cost Allowing for Cash Flow From Day One.
  • Strong Exposure – The Property is Positioned Across The Street From 2 Large Shopping Centers and Has Great Access From Kenazo Ave Which Sees Over 10,400 Vehicles Per Day.
  • Qualifies for Bonus Depreciation – Car Washes Qualify for Bonus Depreciation Which Can Allow for Much Higher Returns on Investments and Significant Tax Savings. *Please Consult a CPA for Further Details..
  • Ideal Lot Size/Layout – The Property is Positioned on ±1.00 Ac of Land and Has an Ideal Layout Which Allows for a High-Volume Site and Future Growth.
  • Site Positioning – Tsunami Car Wash is Directly IN Front of a Large Residential Development With Multiple Other Neighborhood Projects IN the Immediate Area.
  • Market Growth – Horizon City’S Population Has Increased by 11.28% Since 2020 With an Annual Growth Rate of 2.07%. the City is Undergoing a Building Boom, With Plans for 8,000 New Homes and an Anticipated Influx of 10,000 New Residents Over the Next Five Years.

Photos

Location

Agents

Broker of Record

Patrick Graham

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