Owner-User Self-Serve Car Wash
Blue West Capital is pleased to offer for sale Spot Wash on Pearl, an owner-user self-serve car wash located at 11416 Pearl St, Northglenn, CO.
Spot Wash is strategically located just off Washington St (31,282 VPD) and Malley Dr (15,391 VPD). The wash was fully renovated in 2020 with over $1.7M in capital expenditures ($866k in building improvements, $725k in equipment, and $130k in signage/concrete/fencing). Since renovations were completed, Spot Wash has seen consistent year-over-year NOI growth. The property features three self-serve bays, two in-bay automatic lanes, and a large dog wash area. The two automatic in-bays include The Karcher Opti8000 Touchless Automatic System by Comtec Wash Systems, the gold standard of modern car washes.
Situated just north of downtown Denver, the area boasts a population of ~145,000 people and ~54,000 households within three miles. Nearly 5,500 businesses employing over 48,000 individuals operate within three miles of the property daily. As of 2024, Spot Wash attracted nearly 40,000 visits to the property with foot-traffic +39.1% Yo3Y (Source: Placer.ai).
