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1618 S 77 Sunshine Strip
Harlingen, TX 78550

$6,631,940 USD

Carwash For Sale  •  3,724 SF

Property Details

  • Property Type Carwash
  • Total Building Size 3,615 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 6.75 %
0 Transit Score
75 Walk Score

Highlights

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 %

Major Tenants

Tenant SF Occupied Lease End Date
Bluewave Express Car Wash

Public Transportation

AirportDriveWalkDistance
Valley International 17 min - 5.8 mi
Brownsville/South Padre Island International 36 min - 26.5 mi
McAllen International 48 min - 39.2 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap