Plaza Truck Wash

Retail-Commercial for Sale
Catylist Listing ID: 30780300
Property Subtypes: Car Wash
Building Size (RSF): 3,000 SF
Gross Land Area: 20,725 SF
Sale Price: $250,000
Unit Price: $83.33 PSF
Ceiling: 17 ft.
Property Use Type: Business
Building Name: Plaza Truck Wash
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: 15.0%
Last Updated: 1/11/2022

Overview / Comments

The Plaza Truck Wash (PTW) has been in business for 30 years offering an excellent self-serve wash experience for trucks and personal vehicles alike. Currently owned and operated by local ownership. The PTW is a three-bay wash, one of which is reserved for personal vehicles, each equipped with a form brush, pre-soak, wax, spot free, soap, high pressure rinse, and free vacuum capabilities. The PTW captures a very fragmented truck wash market in central Kansas, sitting on I-135 between Wichita and Salina, 25 miles from its nearest competitor. Strong shares of its sales are to local carriers and interstate traffic, while remaining the favorite car wash of Hesston residents. Reference the Plaza Truck Wash Prospectus for financial information and other property information included as an
attachment document in this listing.

Additional Details

Nearest MSA: Wichita
County: Harvey
Taxing Authority: City, County, State
Tax ID/APN: 0400351502003039000
Zoning: COMMERCIAL & INDUSTRIAL - C
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Newton and McPherson, Kansas
Property Visibility: Excellent
Largest Nearby Street: Interstate 135
Feet of Frontage: 100
Highway Access: Interstate 135, East Lincoln Blvd.
Airports: Newton & Wichita
Site Description: The PTW captures a very fragmented truck wash market in central Kansas, sitting on I-135 between Wichita and Salina, 25 miles from its nearest competitor. Strong shares of its sales are to local carriers and interstate traffic, while remaining the favorite car wash of Hesston residents
Area Description: There is a charm about Hesston that impresses everyone who visits here and draws newcomers to the community. Much of this charm is due to the residents, cleanliness, and beauty. But the advantages living in Hesston only begin here. Add to this the culture and educational advantage of a city centrally located within half-a-day's drive, or less, of Kansas's top attractions. The best of recreational opportunities are within a few hours' drive. Wichita, the largest city in Kansas, is only 30 miles away. All this, added to Hesston's homes, churches, and top-notch schools; its medical services; its shopping and dining areas; and its valuable human and spiritual resources, make Hesston a highly desirable place to live.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Excellent
Year Built: 1990
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Metal Siding
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Plaza Truck Wash bay entry is gravel, and the exit is concrete.
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable
Interior Description: Two of the concrete bay floors are heated for winter use. The walls are fabricated metal.
Zoning Description: Commercial/Industrial - C
Part of Planned Development?: Yes
Lot Frontage: 100'
Lot Depth: 224.44'
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Easements Description: Egress to the truck wash bay entry.
Land Ownership: Individual
Legal Description: Lot 7, Lincoln Plaza Subdivision, Section 15, Township 22, Range 01W, City of Hesston, Harvey County, Kansas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,845 1,845 4,431
Median Age: 38.73 38.73 39.14
Households: 643 643 1,619

Contact

Photograph of Listing Agent

Royce Jantz

Nikkel & Associates
KSCRE Member
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