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814 W Interstate 2
San Juan, TX 78589 East McAllen

$5,384,457 USD

Carwash For Sale  •  3,360 SF

Property Details

  • Property Type Carwash
  • Total Building Size 4,537 SF
  • Lot Size 1.27 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 6.75 %
0 Transit Score
56 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: 6.75 %

Public Transportation

AirportDriveWalkDistance
McAllen International 11 min - 6.0 mi
Valley International 54 min - 36.9 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap