Imperial Car Wash Portfolio – Waterford Township, MI

Imperial Car Wash Portfolio
521 Elizabeth Lake Road, Waterford Township, MI, USA

Sands Investment Group is pleased to exclusively offer for sale the Imperial Car Wash Portfolio, comprising of 2 operational car wash facilities in Waterford Township, MI. The offering includes a 125-foot full-service site at 521 Elizabeth Lake Road and a 98-foot express site at 3456 Highland Road, both featuring newly installed Motor City Wash Works equipment and DRB SiteWatch POS systems. The portfolio is offered at a meaningful discount to replacement cost, with attractive in-place cash flow and a municipal moratorium on new car wash development providing a durable barrier to new competition. The properties are available for acquisition as a portfolio or may be purchased individually, offering investors flexibility to pursue either a scaled platform or a single-asset investment opportunity.

PROPERTY HIGHLIGHTS

  • Priced Below Replacement Cost with In-Place Cash Flow: Both sites are operational and revenue-generating with newly installed equipment, offered at a meaningful discount to estimated replacement cost. Investors step into stabilized assets without the entitlement risk, construction timeline, or capital outlay of ground-up development.
  • Hard Barrier to New Competition: Waterford Township maintains an active moratorium on new car wash development, directly protecting both sites from new supply within the trade area. In a sector where ground-up competition is the primary threat to existing site economics, this regulatory moat is a significant and durable advantage.
  • Major Redevelopment Tailwind at Site 1: Site 1 fronts the 74-acre Oakland County Business Center, a $63M mixed-use redevelopment of the former Summit Place Mall, projected to deliver up to 1 million SF and 2,183 permanent jobs at full buildout. The project is already underway: DTE Energy’s 75,000 SF Waterford Service Center is built and operational, and a $20M Joe Lunghamer Chevrolet dealership was announced in April 2026 as the next phase.
  • High-Traffic, High-Visibility Corridors: Site 1 sits on Elizabeth Lake Road near the Telegraph Road corridor, a primary north-south artery in Oakland County. Site 2 fronts M-59, a major east-west commuter route. Both sites offer strong visibility, full access ingress/egress, and combined exposure to approximately 40,000 VPD.
  • Affluent Detroit Metro Trade Area: Both sites benefit from Oakland County’s exceptional demographics, one of the wealthiest counties in the U.S., anchored by national retailers and the dense, established bedroom-community population of Waterford Township and the broader Detroit MSA.

Business Highlights

  • Established Membership Base with Recurring Revenue: The full-service site supports an active monthly membership base at a strong, effective price point, complemented by commercial fleet accounts in place. This recurring income stabilizes cash flow and provides a clear platform for membership growth under new ownership.
  • Turnkey, Institutional-Quality Equipment: Both sites feature full Motor City Wash Works packages – Site 1’s re-equipped in 2022, Site 2 installed during the 2023-24 renovation. Each site includes a Grand Arch, a wall of foam, an Axis Robot, hot wax and ceramic arches, a rain bar, and 9 dryers, all on DRB SiteWatch with two pay stations apiece.
  • Site 2 Delivered as Functionally New Asset: The Highland Rd express site was fully rebuilt in 2023-24 with new electrical, plumbing, conveyor, equipment, six JE Adams vacuums, a compressor, signage, and landscaping. The site removes the largest underwriting variable in any car wash acquisition infrastructure capex.
  • Scalable Platform for Operator-Buyers: The two-site footprint offers an immediate platform for regional operators entering or expanding in the Detroit metro market. Sites can be re-branded or operated under existing branding, with a membership base, fleet contracts, and trained employees in place to transfer with the business.
  • Remote Management Operational Control: Both sites operate on the DRB SiteWatch POS platform, enabling full remote monitoring, real-time sales and operations visibility, and a no-cash-handling employee model. The infrastructure supports both hands-on operators and absentee or portfolio investors.
  • Site 1’s Ancillary Revenue Infrastructure: A Eurovac central vacuum system feeds Site 1 ‘s 4-bay cleaning center, supporting an established express interior detail program, a secondary revenue stream that meaningfully expands per-customer monetization beyond the core wash transaction.

IN COOPERATION WITH: Sands Investment Group Michigan, LLC – Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman – MI Lic. # 6502424113

Price

$5,000,000

PREMISES

11,211 SF

BROKERS

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