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3285 W Stetson Ave
Hemet, CA 92545
Super Star Car Wash | 20yr Abs NNN SLB · Specialty Property For Sale
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4,566 SF
Investment Highlights
- 20-Year Sale-Leaseback | 10% Scheduled Rental Increases
- Prime Hemet Location | Strong Traffic & Access
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Surrounded by Major National & Credit Retailers
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Super Star Car Wash investment property located in Hemet, California. The tenant, Super Star Car Wash recently signed a brand new 20-year sale-leaseback with 2 (5-year) and 1 (4 Year, 11 Month) option to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
Property Facts
| Sale Type | Investment | Lot Size | 0.88 AC |
| Cap Rate | 5.50% | Building Size | 4,566 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2024 |
| Building Class | C | Parking Ratio | 5.04/1,000 SF |
| Zoning | M-1 - Limited Manufacturing | ||
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 4,566 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 5.04/1,000 SF |
| Zoning | M-1 - Limited Manufacturing |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,713,235 CAD | |
| Land Assessment | $2,345,070 CAD | Total Assessment | $5,058,304 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,345,070 CAD
Improvements Assessment
$2,713,235 CAD
Total Assessment
$5,058,304 CAD
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