This three-bay automatic carwash in Shawnee, Oklahoma, is currently for sale at a significant discount. The property suffered damage from a tornado during a Shawnee storm, which resulted in some equipment damage. Historical P&L statements and a bid for equipment repairs are available. If the repairs were made and an owner-operator was able to get the NOI back to the 2022 sales numbers, then this wash would be just north of a 19% Cap Rate on actuals. For more information and details just give us a call and we would be happy to answer any questions.
