11399 S Redwood Rd, South Jordan, UT 84095 For Sale

Arsenal Real Estate Advisors is pleased to exclusively offer for sale a Rocket Express Car Wash located at 11399 South Redwood Road in South Jordan, Utah. The offering features approximately 15 years of remaining lease term, 2.00% annual rent increases, and an absolute NNN lease providing truly passive ownership. This institutional-quality express wash sits on a highly visible signalized hard corner with approximately 60,000 vehicles per day and serves a dense, affluent trade area with more than 304,000 residents and average household incomes exceeding $120,000 within a five-mile radius. The property features a ±290-foot express tunnel, one of the premier buildouts in the Mountain West, and has demonstrated exceptional operating performance with substantial rent coverage, providing investors with confidence in the long-term durability of the income stream. Originally developed as a flagship Rocket Express location, the asset is now operated by ZIPS Car Wash, one of the nation's largest express car wash platforms. As a qualifying car wash investment, the property is also eligible for 100% bonus depreciation, offering investors the potential for meaningful tax advantages. Investors should consult their tax advisor.