6830 Cliffdale Rd, Fayetteville, NC 28314
7,898 SF Specialty Building Offered at $1,600,000 at a 10.17% Cap Rate in Fayetteville, NC 28314
For Sale
Active
Asking Price $1,600,000
- Property Type
-
Specialty
- Square Feet
- 7,898 SF
- Price / Square Foot
- $203
Listing Contacts
Neil Grant
Richard Fox III
Property Overview
Grant-Murray Real Estate is pleased to present for portfolio sale 6830 Cliffdale Rd. (“Cliffdale Laserwash”) and 2609 Camden Rd. (“Camden Road Laserwash”) located in Fayetteville NC. The T-12 combined net operating income is $162,781 (10.17% cap rate).
The Cliffdale Laserwash consists of two (2) automated laser washes, five (5) self-wash bays, and six (6) vacuum stations, and two (2) vacuum/shampoo/fragrance stations located on 0.83 acres. The traffic count is 35,755 VPD. The T-12 net operating income is $82,286. The property is located in the Southwest Fayetteville Submarket .75 miles from I-295 (Exit 21), providing convenient access to major roads in and around Fayetteville. The property is surrounded by nearby multi-family developments and single-family subdivisions, providing a steady customer base.
The Camden Laserwash consists of two (2) automated laser washes, five (5) self-wash bays, and four (4) vacuum stations located on 0.79-acres. The traffic count is 8,047 VPD. The T-12 net operating income is $80,495. The property is located in the Southwest Fayetteville Submarket .08 miles from Owen Dr. (34,000 VPD) and .67 miles from I-95 Business, which also provides a steady customer base.
Both locations are well-maintained and present an excellent investment opportunity.
The Cliffdale Laserwash consists of two (2) automated laser washes, five (5) self-wash bays, and six (6) vacuum stations, and two (2) vacuum/shampoo/fragrance stations located on 0.83 acres. The traffic count is 35,755 VPD. The T-12 net operating income is $82,286. The property is located in the Southwest Fayetteville Submarket .75 miles from I-295 (Exit 21), providing convenient access to major roads in and around Fayetteville. The property is surrounded by nearby multi-family developments and single-family subdivisions, providing a steady customer base.
The Camden Laserwash consists of two (2) automated laser washes, five (5) self-wash bays, and four (4) vacuum stations located on 0.79-acres. The traffic count is 8,047 VPD. The T-12 net operating income is $80,495. The property is located in the Southwest Fayetteville Submarket .08 miles from Owen Dr. (34,000 VPD) and .67 miles from I-95 Business, which also provides a steady customer base.
Both locations are well-maintained and present an excellent investment opportunity.
Property Details
- Class
- C
- Year Built
- 2003
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 70,567 SF
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