PV Flex Car Wash and Gas Station
Asking Price: | $7,500,000 |
Part of the Paradise Valley Mall Redevelopment
HIGHLIGHTS
• Adjacent to 100-Acre Paradise Valley Mall Mixed-Use Redevelopment
• Business Includes Flex Car Wash, Fuel Station, and Convenience Store
• Services Offered Include Express Exterior, Full Service, and Detailing
• Population Within a 5-Mile Radius Exceeds 240,000
• Located on a Large 1.95 +/- Acre Parcel
DESCRIPTION
Commercial Plus, LLC is proud to present the opportunity to acquire PV Car Wash, located in the thriving Phoenix, Arizona market. The business benefits from multiple revenue streams, including income from the fuel station and convenience store, car wash operations, and rental income from service bay tenants. It operates under a long-term triple-net (NNN) lease with approximately 3.5 years remaining, expiring in July 2028, with three additional five-year renewal options available. The auto care portion is secured by a separate NNN sublease that expires in December 2029, with two five-year renewal options.
Positioned on an outparcel of the Paradise Valley Mall, the property stands to gain from the ongoing redevelopment of the mall, which includes new retail, entertainment, and multi-family housing. Management plans to sell the business, building, and associated sublease with Honest-1 Auto Care, presenting an opportunity for long-term occupancy and investment potential.
Dylan Price | Commercial Plus, LLC
Arizona RE Lic. #SA702907000
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