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
