Prime Car Wash Property on High-Traffic Main Road – Fuquay-Varina, NC
Property Description
HS Listing ID-65449
Property Highlights
Location & Zoning: Located on North Main Street, one of Fuquay-Varina’s busiest thoroughfares. The property is situated in a commercially zoned (CC) area, with a total lot size of 32,955 sq ft (0.757 acres).
Current Use: Designated as a car wash, with zoning and infrastructure that could support similar uses, making it a versatile asset.
Triple-Net Lease (NNN) in Place: 5-year lease with (2) 2-year renewal options . Lease Commences Immediately Upon Closing – Offering instant cash flow for investors.
Built in Rent Escalations: Structured rent increases ranging from 2.4% to 3.6% during the initial term.
Building Details: A 5,326 sq ft single-story structure built in 2008, featuring steel construction with a brick exterior, providing durability and functionality.
Traffic Exposure: The property benefits from excellent visibility, with N Main St experiencing an average daily traffic count of approximately 30,000 vehicles.
Rapidly Growing Area – Fuquay-Varina is one of North Carolina’s fastest-growing municipalities, attracting new businesses and residents.
Explosive Population Growth – Fuquay-Varina has grown over 90% in the past decade, with a population now exceeding 30,000 residents. This substantial growth underscores the town's rapid development and increasing appeal to both residents and investors
Affluent Trade Area – Median household income of ~$111,447 within a 5-mile radius, significantly higher than the state average, supporting strong consumer spending power.
Proximity to Major Retail Anchors – Surrounded by national brands including Walmart, Lowe’s, and Harris Teeter, ensuring a strong customer base.
Nearby Projects: The property is in proximity to the Downtown Mixed-Use Development Project, which includes approximately 244 apartment units and 20,000 square feet of retail space. This development trend signals revitalization and increased consumer traffic, further strengthening the long-term viability of the area.
---PLEASE DO NOT DISRUPT TENANT. This is real estate for sale only.---
Broker of Records
Jason Green
North Carolina License- 319349
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Property Highlights
Location & Zoning: Located on North Main Street, one of Fuquay-Varina’s busiest thoroughfares. The property is situated in a commercially zoned (CC) area, with a total lot size of 32,955 sq ft (0.757 acres).
Current Use: Designated as a car wash, with zoning and infrastructure that could support similar uses, making it a versatile asset.
Triple-Net Lease (NNN) in Place: 5-year lease with (2) 2-year renewal options . Lease Commences Immediately Upon Closing – Offering instant cash flow for investors.
Built in Rent Escalations: Structured rent increases ranging from 2.4% to 3.6% during the initial term.
Building Details: A 5,326 sq ft single-story structure built in 2008, featuring steel construction with a brick exterior, providing durability and functionality.
Traffic Exposure: The property benefits from excellent visibility, with N Main St experiencing an average daily traffic count of approximately 30,000 vehicles.
Rapidly Growing Area – Fuquay-Varina is one of North Carolina’s fastest-growing municipalities, attracting new businesses and residents.
Explosive Population Growth – Fuquay-Varina has grown over 90% in the past decade, with a population now exceeding 30,000 residents. This substantial growth underscores the town's rapid development and increasing appeal to both residents and investors
Affluent Trade Area – Median household income of ~$111,447 within a 5-mile radius, significantly higher than the state average, supporting strong consumer spending power.
Proximity to Major Retail Anchors – Surrounded by national brands including Walmart, Lowe’s, and Harris Teeter, ensuring a strong customer base.
Nearby Projects: The property is in proximity to the Downtown Mixed-Use Development Project, which includes approximately 244 apartment units and 20,000 square feet of retail space. This development trend signals revitalization and increased consumer traffic, further strengthening the long-term viability of the area.
---PLEASE DO NOT DISRUPT TENANT. This is real estate for sale only.---
Broker of Records
Jason Green
North Carolina License- 319349
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Listing Info
- ID:
- 2346543
- Listing Views:
- 1612
Listing ID: 2346543 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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