Carwash For Sale • 4,627 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: | 6.25 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| ClearWater Express Wash | 4,960 SF |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| George Bush Intcntl/Houston | 19 min | - | 14.2 mi |
| William P Hobby | 43 min | - | 26.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |