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Hilco Global Offers Prime Car Wash Properties for Acquisition

Hilco Global Offers Prime Car Wash Properties for Acquisition

Hilco Global's Exceptional Real Estate Offering

NORTHBROOK, Ill. — Hilco Global is excited to announce the offering of four strategically located properties available for sale, including three outstanding car washes and one commercial land parcel. Situated in metro St. Louis and Knoxville, these assets feature modern equipment and boast high visibility along bustling retail corridors, presenting remarkable opportunities for ongoing car wash operations or redevelopment.

Prime Car Wash Locations Available

The properties are being offered for individual sale or can be purchased as a combination, with submission of offers due by the specified deadline. The first car wash facility is located at 12 Junction Drive West in Glen Carbon, where a 3,700± square foot operation on a 0.78± acre lot is ready to keep cars sparkling clean. This establishment offers one express tunnel and six self-serve bays with updated systems. Positioned favorably within a Class A market, it is conveniently near major retailers like Dick's Sporting Goods, PetSmart, MOD Pizza, and The Home Depot, with exciting new dining experiences, such as KOKUU Ramen & Sushi Bar, joining the vicinity soon.

Additional Properties to Consider

The second notable car wash is found at 7860 Mexico Road in St. Peters, a well-maintained 4,923± square foot property sitting on 0.86± acres. Located along a highly trafficked area, this site is roughly 32 miles from the downtown hub and features one express tunnel along with twelve self-serve bays equipped with contemporary systems. Its proximity to established businesses and services, including O'Reilly Auto Parts, The Goddard School, and FedEx, enhances its appeal.

Additionally, a commercial land parcel located at 6678 Mexico Road is available, conveniently situated just 29 miles away from downtown St. Louis. This 0.49± acre lot, set at the entrance of a busy shopping center that hosts 7-Eleven, Dollar Tree, and various eateries, is zoned C-2, granting extensive potential for commercial development.

A Thriving Location for Business

Lastly, the third car wash location at 995 Parkway in Sevierville, Tennessee, presents an impressive 4,837± square foot building positioned on a 0.88± acre lot. Situated on a major route, it is a mere 30 miles southwest of Knoxville and benefits from considerable visibility due to its central location within a high traffic tourist corridor next to Pigeon Forge. With an express tunnel and seven self-serve bays, this facility boasts modern equipment and is surrounded by popular national retailers like Walgreens, T.J. Maxx, and Harbor Freight, which greatly enhances its investment allure.

Why Invest in These Properties?

According to Chet Evans, vice president at Hilco Global's real estate group, the properties present a rare mix of strong locations, high-quality infrastructure, and versatile usage possibilities. "We anticipate considerable interest from operators keen on establishing or expanding their portfolios in these vibrant areas," he stated.

As the bidding deadline approaches, it is crucial to note that all offers must be submitted no later than November 5 at 5:00 p.m. (CT). Interested parties can schedule on-site inspections on select dates, by appointment only. For further details about the properties or the sale process, potential buyers are encouraged to contact Chet Evans or Henry Nash directly.

About Hilco Global

Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services entity dedicated to delivering integrated professional services and capital solutions designed to maximize asset value across various sectors, including real estate, retail, commercial, and industrial markets. With a strong emphasis on customized assistance for healthy, stressed, and distressed companies, Hilco Global offers strategic advice and the capital necessary to navigate complex scenarios and enhance long-term value. Headquartered in Northbrook, Illinois, Hilco Global operates worldwide, employing over 810 professionals across four continents. For more information, visit HilcoGlobal.com.

Frequently Asked Questions

What types of properties are offered by Hilco Global?

Hilco Global offers three car washes and one commercial land parcel for sale in metro St. Louis and Knoxville.

When is the deadline for submitting offers?

All offers must be received no later than November 5 at 5:00 p.m. (CT).

Can the properties be purchased individually?

Yes, the properties can be acquired either individually or as a combination.

What features do the car wash facilities have?

The car washes are equipped with express tunnels, self-serve bays, and modern washing systems.

Who can I contact for more information about the sale?

Interested parties can contact Chet Evans or Henry Nash for further details about the properties and sale process.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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