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Sure enough, you were right. Just looked again and now it's down to 1.5 instead of 3.4. Seems like you were spot on!

Got it, thanks for the input! I can't wrap my head around the idea of a large operator that wants to get into that area for that price though. Wouldn't they be the ones to haggle and not accept that price more than anyone else, since it would be overvalued at 10x NOI with no property?

Hello! Glad to see there's a forum like this! I'm just getting into this space and found this forum through the research I've done so far. I just wanted to get opinions of this advertisement for an existing car wash/detailing business in my area. It's in a good, overall desirable suburb of...