Flagship Carwash — Sale in Elkton, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Elkton, MD 21921

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Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Bonus Depreciation Opportunity - This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Marcus and Millichap are not a tax advisors. Please consult your own tax professional. Strong Retail Corridor - The property is situated within a thriving retail corridor anchored by a powerful mix of national and regional tenants including Walmart, Staples, Ross, Grocery Outlet, Lion's Food, Sheetz, Chipotle, Wendy's, and numerous additional brands. Proximity to ChristianaCare Union Hospital - The property is located in close proximity to ChristianaCare Union Hospital, a 103-bed acute care facility and the primary healthcare anchor serving Cecil County and the surrounding region. Flagship Carwash Corporate Guarantee - The lease is guaranteed by Flagship Carwash, a leading and rapidly expanding car wash operator with a dominant presence in the DMV region. The company currently operates 50+ locations and has an additional 40 sites in its development pipeline, further strengthening its footprint with planned expansion into the Northeast through 2027. Strong Affluent Demographics - The property benefits from exceptional trade area density, drawing from a robust consumer base of 65,700 residents within a 5-mile radius. Average household incomes of $107,900 and $117,000 within the 3- and 5-mile rings reflect an affluent and established community with strong discretionary spending power. Situated Between Two Major Metropolitan Markets - 801 Commerce Center Drive is strategically positioned along the I-95 corridor in Elkton, Maryland, placing the site at the crossroads between Philadelphia and Baltimore, two of the most economically active metropolitan areas on the East Coast Investment Highlights: • Bonus Depreciation Opportunity • Strong Retail

Market Context

This retail in Elkton, MD is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Elkton, MD — view the full market.

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