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484 9th St
Gilroy, CA 95020

$8,695,652 USD

Carwash For Sale  •  3,615 SF

Property Details

• Property Type Carwash
• Total Building Size 3,615 SF
• Lot Size 1.05 AC
• Building Class B
• Year Built 2025
• Cap Rate 5.75 %

0 Transit Score

73 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:

5.75 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Gilroy (Caltrain - Caltrain (Caltrain))	2 min	13 min	0.7 mi
Gilroy Caltrain Station Southbound (South Santa Clara County Connector - Caltrain (Caltrain))	2 min	19 min	0.8 mi