Flagship Car Wash — Sale in Brooklawn, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Brooklawn, NJ 08030

Photos

Flagship Car Wash — Sale in Brooklawn, NJ, photo 1 of 3
Flagship Car Wash — Sale in Brooklawn, NJ, photo 2 of 3
Flagship Car Wash — Sale in Brooklawn, NJ, photo 3 of 3

Investment Figures

Cap rate
6.35%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive listing for a Flagship Car Wash located at 130 Browning Lane, Brooklawn, NJ 08030. The site consists of roughly 4,950 rentable square feet of building space on an estimated 1.49-acre parcel of land. Flagship Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $428,625 and has scheduled increases of 1.50% Annually. Bonus Depreciation Opportunity: This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Strong Demographics & Affluent Community: The subject property is supported by a dense and affluent trade area, with approximately 93,900 residents within a 3-mile radius and over 377,100 residents within a 5-mile radius. The surrounding community demonstrates strong purchasing power, with average household incomes of $98,500 within 3 miles and $105,200 within 5 miles. High Visibility Frontage on Crescent Blvd: The subject property boasts strong frontage along Crescent Boulevard, a major regional connector between Philadelphia, PA, and New Jersey. Crescent Blvd sees over 27,100 vehicles per day, providing excellent exposure to both commuter and local traffic and enhancing the property’s visibility and accessibility for retail and commercial tenants. Flagship Carwash Corporate Guarantee: The lease is guaranteed by Flagship Carwash, a leading and rapidly expanding car wash operator with a dominant presence in the DMV region. The company currently operates 50+ locations and has an additional 40 sites in its development pipeline, further strengthening its footprint with planned expansion into the Northeast through 2027. Prime Outparcel to Brooklawn Shopping Center: The subject property is strategically positioned

Market Context

This retail in Brooklawn, NJ is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Brooklawn, NJ — view the full market.

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