4620 Post Street

El Dorado Hills, CA 95762

$8,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

2005

calendar_month Built

Property Description

An opportunity to acquire Suds Car Wash & Detail, a Class-A full-service automobile cleaning and detailing facility located in the highly desirable community of El Dorado Hills, Ca., and nestled within the the upscale lifestyle center of El Dorado Hills Town Center. With high barriers to entry and the only provider of these services in this county, the nearest wash competitor is located +/-10 miles away in Cameron Park and +/-8 miles in Folsom. This location further benefits from being the most densely populated region of El Dorado County, with 44,000 residents who, on an average, possess higher educational qualifications and an average annual household income of $198,874. With a 2024 annualized acquisition Cap Rate of 8.7%, this purchase allows the investor/operator a fee simple, turn-key car wash & detail operation with long term employees on hand and existing income in place. Car washes with on-site detail like Suds are highly sought-after investment opportunities, particularly in California's climate, which is conducive to maintaining the ever increasing high-end vehicles on the road. Drive-by or customer wash tours only! Please do not discuss with employees.

Listing Information

List Price $8,500,000
Status Active
MLS ML81979981
HOA $0
Type Commercial
Year Built 2005
Lot Size 40,075
Structure Size N/A
Courtesy Of Cornish & Carey Commercial
Listing Agent Kelly Rivett DRE#01249433

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Kelly Rivett, Cornish & Carey Commercial . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.