5250 Cypress Street,  West Monroe LA, 71291

(Active)
$1,550,000
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MLS# 188517
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Last Updated: 10/23/2019 3:49 AM
Description for 5250 Cypress Street West Monroe, LA 71291
This well established, highly profitable car wash business includes two automatic drive-thru bays, plus five hand wash bays and car vaccums. The profit to Gross Income is approximately 66% with the NOI at almost $200,000 and a cap rate of 12.25%. Located very near Well Road intersection of Hwy. 80 (Cypress St.) which connects with Interstate-20 - Well Rd. Exit. Across from Walmart Neighborhood Market, restaurants, banks and businesses. The ADV count is estimated at 30,000 vehicles. There is an additional lot available behind the carwash for $9.00 PSF. Also another lot available for access to Butler St. behind the carwash. All measurements approximate. Information provided for this listing is deemed reliable, but not guaranteed.
Price
$1,550,000
Other
OUACHITA
188517
Active
Description
This well established, highly profitable car wash business includes two automatic drive-thru bays, plus five hand wash bays and car vaccums. The profit to Gross Income is approximately 66% with the NOI at almost $200,000 and a cap rate of 12.25%. Located very near Well Road intersection of Hwy. 80 (Cypress St.) which connects with Interstate-20 - Well Rd. Exit. Across from Walmart Neighborhood Market, restaurants, banks and businesses. The ADV count is estimated at 30,000 vehicles. There is an additional lot available behind the carwash for $9.00 PSF. Also another lot available for access to Butler St. behind the carwash. All measurements approximate. Information provided for this listing is deemed reliable, but not guaranteed.
Listing Information
Property Type: Other
Other
Public Water Service
Public Sewer
Onsite Electric, None, Other, Electric
Neighborhood
Room Information
Interior Features
None
Other, Other
Exterior / Lot Features
Concrete Driveway
None
Security Lighting, In County, Mineral Rights
Driving Directions
Follow I-20 W to Well Rd in A. Take exit 112 from I-20 W - Well Road - Continue on north Well Rd. to to red light @ Cypress St (Hwy 80) - Turn right on Cypress St. - after passing a few businesses watch for Car Wash on the left.
Listing Price History

West Monroe Real Estate

West Monroe is located in Louisiana. West Monroe, Louisiana 71291 has a population of 13,619.

The median household income in West Monroe, Louisiana 71291 is $42,885. The median household income for the surrounding county is $35,269 compared to the national median of $49,877. The median age of people living in West Monroe 71291 is 35 years.

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Courtesy: Tri State Properties, LLC
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2019 Northeast Louisiana Board of Realtors. All rights reserved.
This content last refreshed on 10/23/2019 3:49 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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