HomeOfferingsNo. 05

A newly built express car wash in daylight: a long white metal-panel tunnel building with a cedar-clad glass entry, an arched vacuum canopy with vacuum stations and fresh concrete lanes.
Fig. 1Representative image · asset type, not the property

No. 05Available

Car Wash · Business for Sale · Business + Real Estate

Diamond Auto Wash — Newly Built

6245 E 7 Mile Rd, Detroit, MI 48234

Price
$795K
NOI
$180K
Cap rate
22.5%

A newly built express wash at a 22.5% cap on in-place income, with a pro forma of $240,000 NOI — roughly a 30% cap — and $50,000 of backup equipment included.

§ 01Highlights

  • Newly built express car wash
  • In-place NOI $180,000 — a 22.5% cap
  • Pro forma NOI $240,000 — approximately a 30% cap
  • $50,000 of backup equipment included
  • SiteWatch system included

§ 02Location

Open in Google Maps (opens in a new tab)

§ 03Offering memorandum

Get the full package.

Financials, aerials, demographics and lease detail: the same offering memorandum our investor list receives.

Joseph Jazrawi, Acquisitions & Dispositions · 586-331-6211 · joseph@iconcrex.com

Request an offering memorandum

Choose the offering. Off-market listings start with an NDA; the address and brochure follow.

Or call Joseph on 586-331-6211

§ 04More

Other offerings on the desk.

Low aerial view in daylight of a single-storey industrial complex: long light-grey warehouse buildings with rows of dock doors, white semi-trailers backed up to the bays and a wide asphalt truck court.
Representative image · asset type, not the property

No. 01Available

IndustrialFor Sale

Rare Industrial Complex Investment

21250 Mullin Ave, Warren, MI 48089

Price
$8.4M
NOI
$684K
Cap rate
8.14%

A three-building industrial complex on NNN leases with 150 semi-truck parking positions — an 8.14% cap on in-place income.

A renovated three-storey 1920s courtyard apartment building in cream brick with limestone trim, black-framed windows and a landscaped front courtyard on a tree-lined street.
Representative image · asset type, not the property

No. 02Available

MultifamilyFor Sale

Off-Market 30-Unit Apartment Building

Off Woodward Ave near Wayne State, Detroit · address after NDA

Price
$3.5M
Pro forma NOI
$295K
Cap rate
8.43%

Thirty fully renovated studio units a short walk off Woodward near Wayne State, at an 8.43% pro forma cap.

A single-storey suburban shopping centre in light grey siding and cream stone, a continuous canopy over glass storefronts and a freshly striped parking lot under a clear sky.
Representative image · asset type, not the property

No. 03Available

RetailFor Sale

Off-Market Retail Shopping Center

Plymouth–Canton corridor, Southeast Michigan · address after NDA

Price
$2.95M
NOI
$205–210K
Cap rate
7.0%

Roughly 23,000 SF, 100% occupied by 9 tenants, with a new roof, HVAC and siding — a seven cap with zero deferred maintenance.

See all 12 offerings