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Quick Quack Car Wash | San Bernardino, CA 297 E Hospitality Ln 3,596 SF Retail Building San Bernardino, CA 92408 $3,772,504 CAD ($1,049.08 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Single-Tenant Quick Quack Car Wash Ground Lease: 20-year absolute NNN ground lease; 10% increases every 5 years
  • Founded in 2004, Quick Quack is one of the largest and fastest-growing express format carwash operators in the U.S. with over 280 locations
  • Freeway Adjacent: The property benefits from a strategic location just off the I-10 Freeway (210,600 CPD) at Waterman Avenue
  • 2025 construction; Store opened in July 2025
  • Hard Corner, Signalized Intersection of Waterman Avenue and Hospitality Lane (55,000+ CPD)
  • Dense, Inland Empire Demographics: More than 257,000 people within a 5-mile radius and 142,440 daytime population within a 3-mile radius

EXECUTIVE SUMMARY

New 20-Year Absolute NNN Ground Lease | Hard Corner, Signalized Intersection (55,000+ CPD) | 257,000+ People Within 5 Miles

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,596 SF
Building Class
B
Year Built
2025
Price
$3,772,504 CAD
Price Per SF
$1,049.08 CAD
Cap Rate
5.50%
NOI
$207,508 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.04 AC
Opportunity Zone
Yes

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Quick Quack Car Wash
  • -
  • 3,596 SF
  • -
  • Triple Net
  • Dec 2044
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Quick Quack Car Wash - 3,596 SF - Triple Net Dec 2044

NEARBY MAJOR RETAILERS

Golden Corral
Esporta Fitness
La Fitness
Starbucks
Jpmorgan Chase & And Co
Citizens Business Bank
Banner Bank
Mimi's Cafe
Black Angus Steakhouse
Claim Jumper Steakhouse & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0141-402-48
Land Assessment
$1,440,833 CAD
Improvements Assessment
$892,511 CAD
Total Assessment
$2,333,344 CAD
  • Listing ID: 37479017

  • Date on Market: 2025-08-29

  • Last Updated:

  • Address: 297 E Hospitality Ln, San Bernardino, CA 92408

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