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7101 E William Cannon Dr
Austin, TX 78744 Southeast Austin

$2,000,000 USD

Carwash For Sale  •  4,954 SF

Property Details

  • Property Type Carwash
  • Total Building Size 4,954 SF
  • Lot Size 1.56 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.50 %
21 Transit Score
10 Walk Score

Highlights

20 Year Absolute Net Lease (Zero Landlord Obligations) featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System. Low Rent / Small Price Point.
Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation.
Part of Easton Park Master Planned Community.
Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
Densely Populated and Affluent Area: Average Household Income of $120k+ w/in a 1-Mile Radius and 164k_ People Residing w/in a 5-Mile Radius.
Cap Rate: 5.50 %

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 17 min - 7.2 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap