405 E Main St

405 E Main St , Cortez, CO 81321

Property Information

  • For Sale $404,500
  • Property Type Retail
  • Property Size 13,504 SF
  • Lot Size 0.31 Acre
  • Cap Rate % 13
  • Date Updated Jan 23, 2025

Description

  • ±20,000 Vehicles Per Day – The property experiences a high volume of daily traffic, offering excellent visibility from the road. Its convenient accessibility ensures customer retention.
  • 5 Self Service Bays and Automatic – This property has state-of-the-art equipment. The Automatic Bay is a critical equipment requirement essential for operating a thriving car wash operation.
  • Excellent Location in a Healthy Retail Market – Benefitting from surrounding retail, this property anticipates robust business yearround. With a growing market and increased customer engagement, this is a prime opportunity for sustained growth.
  • Nearing 5% Growth Since Last Reported Census – Cortez has experienced a consistent growth trajectory over the past five years. This trend is poised to continue as the city expands its infrastructure and attracts new residents and businesses.
  • Special Tax Advantage – Car washes present accelerated depreciation opportunities for tax savings. Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 60 percent of the cost and bonus depreciation in the first year.*

Contacts

Matthew Schmidt

Matthews Real Estate Investment Services

Simon Assaf

Matthews Real Estate Investment Services

Location

Contact 405 E Main St
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