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4888 E Florida Ave, Hemet, CA, 92544

ZIPLINE EXPRESS CAR WASH
$1,841,308

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Highlights

INVESTMENT HIGHLIGHTS

  • Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
  • Strong Exposure – The property is positioned with excellent exposure to Florida Ave, which sees over 29,000 vehicles per day.
  • Sonny’s Equipment – The world’s largest manufacturer of conveyorized car wash equipment.
  • Growing Population – Population growth within a 3-mile radius is projected to be nearly 6% in the next 5 years.
  • E-commerce and Pandemic Resistant – The car wash industry has thrived despite the presence of E-Commerce and COVID-19.
  • Special Tax Advantage – Accelerated Depreciation – Car Washes present accelerated depreciation opportunities for tax savings. Under IRS section 179 & Sec. 168k. Immediate depreciation deduction (up to 100% of the cost) under “Bonus Deprecation” for personal property acquisitions (including equipment and some car wash building structures) with useful lives under 20 years.

Location

Agents

Financing Agents

Broker of Record

Kyle Matthews

License # 2168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245

Key Information

Tot. SF
13,068
Type
Retail