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6425 West Rd - ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION 4,627 SF Specialty Building Offered at $9,375,119 CAD at a 6.25% Cap Rate in Houston, TX 77086
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Strong Unit Economics and Consistent Membership Growth.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation.
- The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
Executive Summary
Absolute Net 20-Year Car Wash | #1 in Texas and Top 15 Nationally | 100% Bonus Depreciation | 1.5% Annual increases
Property Facts
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Property Taxes
| Parcel Number | 1415290010002 | Improvements Assessment | $3,621,308 CAD |
| Land Assessment | $1,204,925 CAD | Total Assessment | $4,826,233 CAD |
Property Taxes
Parcel Number
1415290010002
Land Assessment
$1,204,925 CAD
Improvements Assessment
$3,621,308 CAD
Total Assessment
$4,826,233 CAD
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6425 West Rd - ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION
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