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1311 University Ave - Rapid Express Car Wash Immeuble de 4 142 pi² • Spécialité • À vendre 8 855 438 $ CAD • Taux de capitalisation 6% • Georgetown, TX 78628
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 20-Year Sale-Leaseback
- Fixed rental increases throughout the entire lease including options
- Texas has NO STATE INCOME TAX
- Absolute NNN – No landlord management obligations
- This location has been in operation for just over 3 years and is performing extremely well
- High traffic site with excellent visibility
RÉSUMÉ DE L'ANNONCE
CBRE is pleased to present the exclusive listing for the Rapid Expres Car Wash located at 1311 W. University Ave. in Georgetown, TX. The site consists of 4,142 total square
feet of building space and sits on 1.71 acres of land. The site will be subject to a 20 year sale-leaseback with Rapid Express Car Wash. Starting in year one, the base rent shall
be $380,627. The lease will call for 1.50% annual rental escalations during the base term and throughout the (4) five-year renewal option periods (40 year total term).
The subject property is extremely well located on one of the city’s busiest commercial corridors, offering high visibility, strong traffic counts, and excellent co-tenancy. University Ave (State Hwy 29) is a major east–west arterial that connects downtown Georgetown, I 35, and rapidly growing residential communities, ensuring a steady stream of daily commuters and local drivers. The surrounding trade area features dense residential neighborhoods, retail centers, and service businesses, which generate repeat traffic and align perfectly with the convenience-driven nature of express car washes. Georgetown itself is one of the fastest-growing cities in the Austin metro, with rising household
incomes and multiple-car households that support membership-based wash models.
feet of building space and sits on 1.71 acres of land. The site will be subject to a 20 year sale-leaseback with Rapid Express Car Wash. Starting in year one, the base rent shall
be $380,627. The lease will call for 1.50% annual rental escalations during the base term and throughout the (4) five-year renewal option periods (40 year total term).
The subject property is extremely well located on one of the city’s busiest commercial corridors, offering high visibility, strong traffic counts, and excellent co-tenancy. University Ave (State Hwy 29) is a major east–west arterial that connects downtown Georgetown, I 35, and rapidly growing residential communities, ensuring a steady stream of daily commuters and local drivers. The surrounding trade area features dense residential neighborhoods, retail centers, and service businesses, which generate repeat traffic and align perfectly with the convenience-driven nature of express car washes. Georgetown itself is one of the fastest-growing cities in the Austin metro, with rising household
incomes and multiple-car households that support membership-based wash models.
FAITS SUR LA PROPRIÉTÉ
| Prix | 8 855 438 $ CAD | Sous-type de propriété | Station de lavage auto |
| Prix par pi² | 2 137,96 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement pour loyer hypernet | Taille du lot | 1,71 AC |
| Taux de capitalisation | 6% | Taille du bâtiment | 4 142 pi² |
| Condition de vente | Cession-bail | Nombre d’étages | 1 |
| Type de propriété | Spécialité | Année de construction | 2022 |
| Zonage | CO - Commercial Office | ||
| Prix | 8 855 438 $ CAD |
| Prix par pi² | 2 137,96 $ CAD |
| Type de vente | Investissement pour loyer hypernet |
| Taux de capitalisation | 6% |
| Condition de vente | Cession-bail |
| Type de propriété | Spécialité |
| Sous-type de propriété | Station de lavage auto |
| Classe d’immeuble | B |
| Taille du lot | 1,71 AC |
| Taille du bâtiment | 4 142 pi² |
| Nombre d’étages | 1 |
| Année de construction | 2022 |
| Zonage | CO - Commercial Office |
Impôts fonciers
| Numéro de lot | R584228 | Évaluation des bâtiments | 4 056 337 $ CAD |
| Évaluation du terrain | 1 264 632 $ CAD | Évaluation totale | 5 320 969 $ CAD |
Impôts fonciers
Numéro de lot
R584228
Évaluation du terrain
1 264 632 $ CAD
Évaluation des bâtiments
4 056 337 $ CAD
Évaluation totale
5 320 969 $ CAD
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1311 University Ave - Rapid Express Car Wash
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