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3820 College St
Beaumont, TX 77701 Downtown Beaumont

$4,539,159 USD

Carwash For Sale  •  973 SF

Property Details

• Property Type Carwash
• Total Building Size 2,893 SF
• Lot Size 0.71 AC
• Building Class C
• Year Built 2019
• Cap Rate 6.25 %

0 Transit Score

51 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.

Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation.

Strategic Alliance with ClearWater Express Wash Creates 95+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential.

Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System.

Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented Industry.

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Bluewave Express Car Wash

Public Transportation

Commuter Rail	Drive	Walk	Distance
Beaumont Amtrak (Sunset Limited - Amtrak)	2 min	17 min	0.9 mi