1020 Hospital Dr, Batavia, OH 45103, Batavia, OH 45103
sale
$1,395,000
|
Retail
Courtesy Of Coldwell Banker Commercial Reliant Realty
Batavia Car Wash & Quick Lube - High performing, turnkey operation sits on 0.91 acres and consists of a 5-bay Car Wash (2,800 SF with 2 auto bays & 3 self serve), a vacant Quick Lube building (1,408 SF with 2 bay pits with scissor lifts), and a Storage Barn (1,170 SF). The Car Wash building was completely rebuilt in 2016, including all associated equipment and mechanical systems. Consistent operating history, offering a solid opportunity for both investors and owner-operators to generate increased revenue and profitability. See the Offering Memorandum for more offering details and financial results. Investment Upside Potential - Quick Lube-This building is currently vacant and available for a new owner/occupant or additional income stream with a new tenant, includes two (2) bay pits and two (2) scissor lifts. See Pro Forma for a conservative estimate of market rent potential. - Storage Barn-This onsite storage building can be used for excess storage of parts for the Car Wash and/or Quick Lube and has the potential to serve as additional storage/operations for another new onsite tenant. Car lift included-available for use by Quick Lube. Operational Highlights - Five (5) bay car wash, includes additional revenue streams via vacuums and vending options. *Two (2) automatic bays-Touchless and Soft-Touch *Three (3) self-serve bays *Car Wash building was completely re-built in 2016, including all associated equipment and mechanical systems. - Consistent operating history, offering a solid opportunity for both investors and owner-operators to generate increased revenue and profitability. See the P&L for details on top-line & bottom line growth. - Continued revenue growth can be realized via technology/kiosk upgrades, membership programs to enhance customer retention, and continued price increases to meet market demand. - Frontage along Hospital Drive, near the Bauer Rd exit at State Route 32, generating consistent customer flow via several nearby traffic-generators including Mercy Clermont Hospital...one of the region's largest intensive care units, a dedicated wound care center, 24/7 emergency care, pulmonology care unit, orthopedic and spine care and surgical services. - County water/sewer, Duke electric/gas, and Rumpke trash collection. - Easily accessible, highly visible, and well-maintained site. - Near McDonalds, Chipotle (new), Biggby Coffee (new), Dairy Queen, UDF, Marathon Gas, Arby's, Burger King, and many others. Submarket Highlights - High demand and favorable age & income demographic profile, with consistent population growth and household income in recent years resulting from a thriving local economy via several economic drivers and new job creation. - Immediate area is seeing strong commercial and residential development in the surrounding submarkets along SR 32 (Batavia, Mount Orab, Williamsburg). - The Eastern Corridor Project along SR 32 has significantly impacted Clermont County, enhancing connectivity and reducing congestion in the region. - $550 million Nestle Purina PetCare plant in Williamsburg Township - Continued investment and expansion of the Nestle Purina campus
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Property Features
- Architecture Style: Other
- MLSID: K5WTLZ
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