s. okc/moore car wash package · 805 ne 12th ave, moore, ok 73160 income summary 2017 per sf total...

Chris Anderson, CCIM Principal | P: 405.285.2100 X11 | [email protected] Massegee, CCIM Principal | P: 405.285.2100 X10 | [email protected]

FOR MORE INFORMATION, PLEASE CONTACT:

grantgroupok.com

PROPERTY OPROPERTY OVERVERVIEWVIEW

Two great car washes available for purchase. Purchasing a package allows aninvestor or operator immediate purchasing & staffing benefits.

805 NE 12th Street - Moore, OK : New auto's, self serve, etc in 2017. Propertyconsists of 6 SS Bays, 1 Soft Touch Auto & 1 Touchless Auto. There are 6vacuum stations.5102 S. Sooner Rd. - OKC, OK : Property consists of 4 SS Bays and 1 TouchlessAuto. There are 4 vacuum stations.

TWO LOCATIONS:805 NE 12th Street - Moore, OK : Located just east on Eastern on the north sideof NE 12th Street.5102 S. Sooner Road - OKC, OK : Located approximately 2 miles south of I-40 onthe east side of Sooner Rd.

PROPERTY SUMMARY

Sale PricSale Price:e: $1,390,000

Cap RaCap Ratte:e: 14.8%

NOI:NOI: $205,763

LLot Sizot Size:e: 1.12 Acres

Building SizBuilding Size:e: 6,054 SF

YYear Built:ear Built: 2004

RRenoenovvaatted:ed: 2017

MarkMarket:et: Oklahoma City

Sub MarkSub Market:et: Moore

CrCrososs Ss Strtreets:eets: NE 12th Street &Eastern

SE 44th & Sooner Rd.

S. OKC/MOORE CAR WASH PACKAGE805 NE 12th Ave, Moore, OK 73160



grantgroupok.com




grantgroupok.com

INVESTMENT OVERVIEW 2017

Price $1,390,000Price per SF $229.60CAP Rate 14.8%Cash-on-Cash Return (yr 1) 41.67 %Total Return (yr 1) $148,153Debt Coverage Ratio 2.29

OPERATING DATA 2017

Gross Income $277,312Operating Expenses $71,549Net Operating Income $205,763Pre-Tax Cash Flow $115,845

FINANCING DATA 2017

Down Payment $278,000Loan Amount $1,112,000Debt Service $89,918Debt Service Monthly $7,493Principal Reduction (yr 1) $32,308




grantgroupok.com


INCOME SUMMARY 2017 PER SF

TOTAL INCOME $277,312 $45.81

GROSS INCOME $277,312 $45.81

EXPENSE SUMMARY 2017 PER SF

CREDIT CARD PROCESSING FEEE $4,479 $0.74CHEMICALS $16,450 $2.72COSTS OF GOODS SOLD $2,782 $0.46INSURANCE $7,807 $1.29INTERNET/PHONE $2,987 $0.49LAWN CARE $570 $0.09PIT CLEANING $750 $0.12PROPERTY TAXES $10,378 $1.71REPAIRS AND MAINTENANCE $7,841 $1.30UTILITIES $17,502 $2.89

GROSS EXPENSES $71,549 $11.82

NET OPERATING INCOME $205,763 $33.99



grantgroupok.com




grantgroupok.com

* Demographic data derived from 2010 US Census

1 Mile1 Mile 3 Miles3 Miles 5 Miles5 Miles

Total Population 9,004 59,802 135,362

Population Density 2,866 2,115 1,723

Median Age 34.7 33.2 33.1

Median Age (Male) 32.9 32.2 32.3

Median Age (Female) 37.0 34.2 33.8

Total Households 3,295 22,414 51,328

# of Persons Per HH 2.7 2.7 2.6

Average HH Income $61,808 $60,962 $60,732

Average House Value $137,511 $132,822 $135,092




grantgroupok.com

113 S. BroadwayEdmond, OK 73034

T 405.285.2100 x11C [email protected]

PrincipalPrincipalCHRIS ANDERSON, CCHRIS ANDERSON, CCIMCIM PrProfofesessional Backsional Backgrgroundound

Chris Anderson is a principal and one of two managing partners of Grant Group. Chris specializes in theacquisition and disposition of income producing properties with an emphasis on vehicle related retail aswell as traditional retail, multifamily, office and raw land.

Prior to forming the Grant Group, Chris was both a top performing investment advisor for anotherprominent commercial real estate firm in Oklahoma as well as an associate for a well known real estateinvestment trust (REIT) that owns and operates over 26,000 apartment units and roughly 2,000,000SF of retail space stretching from New Jersey to Florida and throughout the central U.S. in states suchas Oklahoma, Kansas and Missouri. Chris was responsible for overseeing all aspects of leasing andmarketing for the firm's Oklahoma portfolio.He was also an integral part of a small group of individualsthat evaluated potential acquisitions for the company.

Chris attended the University of Central Oklahoma where he studied business administration. He holdsthe very prestigious Certified Commercial Investment Member (CCIM) designation which approximatelyonly 6% of the 150,000 commercial practitioners nationwide hold. He is also a member of the NationalAssociation of Realtors (NAR), Realtors Commercial Alliance (RCA) and the Commercial Real EstateCouncil (CREC).


s. okc/moore car wash package · 805 ne 12th ave, moore, ok 73160 income summary 2017 per sf total...

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