Listed by ParaSell Inc, Monarch Commercial Advisors
$2,833,000
Quick Quack Car Wash
Details
Property Type Retail
Sub Type Storefront
Cap Rate 6%
NOI $170,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Lease Options four, 5-year options
Year Built 2026
Acreage 0.960
2026 Construction, 20-Year Absolute NNN Corporate Ground Lease
Marketing description
This 2026 construction Quick Quack car wash is on a brand new, 20 year, absolute NNN corporate ground lease. Located in Kemah, TX, Houston's coastal playground featuring many tourist destinations including the Kemah Boardwalk and Space Center Houston. The subject property is situated in the area's main retail node, surrounded by high traffic national retailers including Target, Home Depot, Walmart, and more.
Investment highlights
Premier Location in Houston’s Coastal Playground
High-Traffic, Accessible Location
Tourism and Regional Demand Drivers
Captive Retail Audience with Limited Competition
Resilient Tenant with a Proven Business Model
Thriving Submarket in the Houston MSA
Listing Contacts
Listed by ParaSell Inc, Monarch Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,000.00
$14,166.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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