Prime Car Wash Property for Sale in Fuquay-Varina, NC

This listing presents a prime car wash property situated on a high-traffic main road in Fuquay-Varina, North Carolina. The property, built in 2008, features a 5,326 sq ft structure on a 0.757-acre lot in a commercially zoned (CC) area. It is currently operating as a car wash, with infrastructure suitable for similar uses. A Triple-Net (NNN) lease is in place with a 5-year term and two 2-year renewal options, commencing immediately upon closing, offering instant cash flow for investors. The lease includes built-in rent escalations ranging from 2.4% to 3.6%. The location boasts excellent visibility with approximately 30,000 vehicles passing daily. Fuquay-Varina is experiencing rapid population and economic growth, with a median household income of ~$111,447 within a 5-mile radius. The property is strategically located near major retail anchors like Walmart and Lowe's, and in proximity to new mixed-use developments, further enhancing its long-term viability. Please note, this is a real estate sale only, and the tenant should not be disrupted.