4144 E Ramon Rd - Business Sale - 2 Car Washes - Palm Springs
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4144 E Ramon Rd - Business Sale - 2 Car Washes - Palm Springs
9,043 SF Speciality Building Offered at £793,214 at a 12.06% Net Initial Yield in Palm Springs, CA 92264
Executive Summary
Car wash location with rent of $10,000 a month, benefitting of a long term deal of 23+ year option.
Business sale only
Lease Length: 13 years + 10 year year option
Next Lease Option: $15,000
Can be converted into an express wash - 120FT tunnel
No express car washes in the area
Business sale only
Lease Length: 13 years + 10 year year option
Next Lease Option: $15,000
Can be converted into an express wash - 120FT tunnel
No express car washes in the area
Property Facts
| Price | £793,214 | Lot Size | 1.28 AC |
| Price Per SF | £88 | Building Size | 9,043 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 12.06% | Year Built | 1991 |
| Property Type | Speciality | Parking Ratio | 3.32/1,000 SF |
| Property Subtype | Car Wash | Cross Streets | S. Paseo Dorotea |
| Building Class | C | Parcel Number | 677-490-004 |
| Price | £793,214 |
| Price Per SF | £88 |
| Sale Type | Investment |
| Net Initial Yield | 12.06% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 9,043 SF |
| Number of Floors | 1 |
| Year Built | 1991 |
| Parking Ratio | 3.32/1,000 SF |
| Cross Streets | S. Paseo Dorotea |
| Parcel Number | 677-490-004 |
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4144 E Ramon Rd - Business Sale - 2 Car Washes - Palm Springs
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