Carwash For Sale • 3,724 SF
| 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options. |
| 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation. |
| Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success. |
| The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually. |
| Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Strong Unit Economics and Consistent Membership Growth. |
| Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics. |
| Cap Rate: | 6.75 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Bluewave Express Car Wash |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Valley International | 17 min | - | 5.8 mi |
| Brownsville/South Padre Island International | 36 min | - | 26.5 mi |
| McAllen International | 48 min | - | 39.2 mi |