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Commercial For sale Retail Automotive

Commercial Property for Sale in Stephenville Texas 76401

2014 W Washington St, Stephenville, Texas 76401

$3,890,000
$1,230 / sq ft Listed Aug 30, 2024
3,163 sqft
Building
3,163 sqft
Lot
2023
Built
1
Stories
1
Units
Class A
Class

About this property

Commercial Property for Sale in Stephenville Texas 76401 is a retail for sale in Stephenville, Texas, listed at $3,890,000. Key details: year built 2023, building size 3,163 sqft, lot size 3,163 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated August 30, 2024.

This brand new 2023 construction offers a prime opportunity to quickly purchase, re-brand, and open three TExpress Car Wash locations, bypassing the usual costs and delays of development. With cutting-edge technology and nearly 1,080 unlimited wash club members, these car washes provide a solid foundation for immediate success.

Located just 500 feet from Tarleton State University, which has seen an 11% enrollment increase, this highly profitable business generated nearly $800,000 in revenue in 2023, with an EBITDA of close to 60%. Positioned on Washington St., Stephenville's major retail corridor, the car wash benefits from high traffic and proximity to top national retailers. With no national car wash brands in the area, a new owner can easily become the market leader in this rapidly growing community.

Key highlights

  • Low Barriers to Entry Car Wash Market

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
2023
Building Size
3,163 sqft
Lot Size
3,163 sqft
Stories
1
Total Units
1
Building Class
Class A
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$1,230
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $3,890,000 - - - -

Features and amenities

Highlights

  • Low Barriers to Entry Car Wash Market
  • High Population Growth in the Immediate Area

Location

Address as shown by the lister.

Get directions

About this area - Stephenville

Population
22,943
Housing units
10,141
Land area
445.5 sq mi
County
Erath

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Links

1 link

Frequently asked questions

What is the asking price of Commercial Property for Sale in Stephenville Texas 76401?

Commercial Property for Sale in Stephenville Texas 76401 is listed at $3,890,000. That works out to about $1,230 per square foot.

Where is Commercial Property for Sale in Stephenville Texas 76401 located?

The property is in 2014 W Washington St, Stephenville, Texas 76401, Erath County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 3,163 sqft. The lot is 3,163 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Tim Westfall of Echo West Capital Advisors listed this property. Use the Request Info button to send a message or call (602) 628-6298.

When was this listing published?

It was published on August 30, 2024 and last updated on August 30, 2024.

Listing information

Listing ID
CL-Texas-11650
Published
Aug 30, 2024
Last updated
Aug 30, 2024
Views
419

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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