Rapid Express Car Wash
Rapid Express Car Wash 20-Year Sale Leaseback | Over 296,000 Residents Within 5 Miles
Marketing description
CBRE is pleased to present the exclusive listing for the Rapid Express Car Wash located at 2259 NW Military Hwy, in San Antonio, TX. The site consists of 4,920 total square feet of building space and sits on 0.75 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 $297,567. 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).
2259 NW Military Highway is extremely well located due to its combined high traffic, strong demographics, and retail synergy in one of the city’s most established corridors. Located in Castle Hills, the site sits directly on NW Military Hwy, a heavily traveled arterial that connects dense residential neighborhoods with commercial hubs, ensuring a steady stream of daily commuters. The area’s demographics—solid middle-to-upper income households with high vehicle ownership—support recurring demand for car care and membership-based wash models. The property also benefits from excellent visibility, easy ingress/egress, and proximity to complementary retail and service businesses, which drive additional customer flow.
Investment highlights
• 20-Year Sale-Leaseback
• Absolute NNN – No landlord management obligations
• Fixed rental increases throughout the entire lease including options
• High traffic site with excellent visibility
• This location has been in operation for over 6 years
• Very experience operator with 46 locations and expanding aggressively
• Texas has NO STATE INCOME TAX
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