$8,500,000
4620 Post ST El Dorado Hills, CA 95762
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$8,500,000
Est. payment /mo
6,640 SqFt
Active
4620 Post ST El Dorado Hills, CA 95762
UPDATED:
09/11/2024 10:30 PM
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 6,640 sqft
Price per Sqft $1,280
MLS Listing ID ML81979981
Year Built 2005
Lot Size 0.920 Acres
Property Description
An opportunity to acquire Suds Car Wash & Detail, a Class-A full-service automobile cleaning and detailing facility located in the highly desirable community of El Dorado Hills, Ca., and nestled within the the upscale lifestyle center of El Dorado Hills Town Center. With high barriers to entry and the only provider of these services in this county, the nearest wash competitor is located +/-10 miles away in Cameron Park and +/-8 miles in Folsom. This location further benefits from being the most densely populated region of El Dorado County, with 44,000 residents who, on an average, possess higher educational qualifications and an average annual household income of $198,874. With a 2024 annualized acquisition Cap Rate of 8.7%, this purchase allows the investor/operator a fee simple, turn-key car wash & detail operation with long term employees on hand and existing income in place. Car washes with on-site detail like Suds are highly sought-after investment opportunities, particularly in California's climate, which is conducive to maintaining the ever increasing high-end vehicles on the road. Drive-by or customer wash tours only! Please do not discuss with employees.
Location
State CA
County El Dorado
Area El Dorado Hills
Building/Complex Name Suds Car Wash & Detail
Zoning CG
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Garage Common Parking Area
Utilities Available Master Meter
Roof Type Elastomeric
Present Use Automotive
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions Other
Tax ID 121-300-018-000
Miscellaneous Other
Security Features Security Alarm
Special Listing Condition Not Applicable
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Listed by Kelly Rivett • Cornish & Carey Commercial
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