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3751 Andrews Hwy
Odessa, TX 79762

$6,260,000 USD

Carwash For Sale  •  5,076 SF

Property Details

  • Property Type Carwash
  • Total Building Size 5,076 SF
  • Lot Size 0.46 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 5.75 %
  • Zoning LC
0 Transit Score
72 Walk Score

Highlights

20-Year NNN Sale-Leaseback | Absolute NNN lease with zero landlord responsibilities. Features 10% rent increase every 5 years
Fast Growing Tenant | Tommy's Express Car Wash has experienced significant growth, becoming the #1 fastest-growing brand
Strong Experienced Franchisee Guarantor | Franchisee Salim Development, LLC operates more than 25 locations and multiple concepts, 10 year guarantee
Prime High-Traffic Location | Strategically positioned along Andrews Highway, one of the area’s most heavily traveled corridors with over 23,000 vpd
Strong Demographics | Surrounded by a population of more than 123,000 residents within a 5-mile radius, supporting sustained customer traffic
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Tommy's Express Car Wash

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 21 min - 14.1 mi
Paul Matysek 310-405-0902 Matysek Investment Group
Paul Matysek 310-405-0902 Matysek Investment Group