Property Details

High Volume $3 Express Wash Near ASU

$3,300,000

2,940 +/- sf |

1406 W. University Dr.
Tempe, AZ 85281

Price: $3,300,000
Building Size: 2,940 +/- sf
Price/SF:
Property Type: Car Wash
Property Sub-type: Car Wash
No. Stories: 1
Year Built: 2009
Lot Size: 0.46 +/- ac
APN / Parcel ID: 124-72-201
Listing ID CW99

HIGHLIGHTS

  • Express Car Wash with Self-Serve Vacuums
  • The revenue and car counts continue to dramatically increase year after year.
  • Corner lot at signalized intersection.
  • Located at one of the busiest intersections in Tempe – over 60k vehicles per day.

DESCRIPTION

  • Express car wash tunnel
  • MacNeil car wash equipment
  • Dual pay lanes with pay stations and gates
  • Built in 2009
  • Parcel ID: 124-72-201
  • Stories: 1
  • Building Size: 2,940 +/- SF
  • Lot Size: 20,201 +/- SF or 0.46 +/- AC
  • Zoning: CSS (City of Tempe)

 

LOCATION DESCRIPTION

  • Located on the northwest corner of W. University Dr. and S. Priest Dr. at signalized intersection.
  • S. Priest Dr. is a 6-lane main road with turn lanes and no medians.
  • W. University Dr. is a 4-lane main road with turn lanes and no medians.
  • Average daily traffic count exceeding 64k at intersection (City of Tempe 2009). University & Priest Dr. is one of, if not the busiest intersection in Tempe, AZ.
  • Located 1 mile from Arizona State University with a student body of (59,794) the largest public university in the country. ASU employees (12,000) people. The ASU student body, its faculty and employees are very loyal & frequent customers of this well-known Express Car Wash.
  • The Express Car Wash is surrounded by dense residential (single family & multi-family homes along with ASU Housing), very attractive large corporations (Microsoft, KMPG, US Air, PayPal, Collins College…).
  • Numerous hotels, motels and resorts are located within 1 mile from Express Car Wash and is situated within 2 miles from Sky Harbor International Airport and within 1 mile from the 202 & 143 Freeway(s).

 

DEMOGRAPHICS

  • Population: 12,605 (1 mile); 103,023 (3 miles); 341,532 (5 miles)
  • Average Household Income: $52,388 (1 mile); $56,283 (3 miles); $61,905 (5 miles)
  • Average Daily Traffic on University Dr. (east of Priest Dr.) is 29,928
  • Average Daily Traffic on Priest Dr. (north of University Dr.) is 32,687

High Volume $3 Express Wash Near ASU

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