Log In/Sign Up
Your email has been sent.
814 W Interstate 2 - ABS. NET 20-YEAR CAR WASH | #1 TEXAS OPERATOR 3,360 SF Specialty Building Offered at $7,360,822 CAD at a 6.75% Cap Rate in San Juan, TX 78589
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation.
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation.
- Strategic Alliance with ClearWater Express Wash Creates 95+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented Industry.
Executive Summary
Absolute Net 20-Year Car Wash | #1 Texas Operator | 100% Year End Bonus Depreciation Tax Savings | 1.5% Annual increases
Property Facts
| Price | $7,360,822 CAD | Building Class | B |
| Price Per SF | $1,622.40 CAD | Lot Size | 1.27 AC |
| Sale Type | Investment | Building Size | 4,537 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2022 |
| Property Subtype | Car Wash |
| Price | $7,360,822 CAD |
| Price Per SF | $1,622.40 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.27 AC |
| Building Size | 4,537 SF |
| No. Stories | 1 |
| Year Built | 2022 |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,947,375 CAD | |
| Land Assessment | $1,916,674 CAD | Total Assessment | $3,864,049 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,916,674 CAD
Improvements Assessment
$1,947,375 CAD
Total Assessment
$3,864,049 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
814 W Interstate 2 - ABS. NET 20-YEAR CAR WASH | #1 TEXAS OPERATOR
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.