Listed by SRS Real Estate Partners Newport Beach
$4,274,000
Super Star Car Wash 20-Yr SLB | Superb Retail Corridor
Details
APN 3093-211-15-0000
Property Type Retail, Special Purpose
Sub Type Car Wash
Square Footage 4,981
Units 1
Cap Rate 5.85%
NOI $250,000
Occupancy 100%
Tenancy Single
Brand/Tenant Bluewave Car Wash, Super Star Car Wash
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 2 (5-year) and 1 (4 Year, 11 Month)
Broker Co-Op Yes
Year Built 2023
Buildings 1
Acreage 1.140
Zoning C-2: General Commercial
Parking Spaces 33 spaces
Parking Per SqFt 6.63
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
45,800 VPD | One block from I-15 (115,000 VPD)
Marketing description
Mister Car Wash, Take 5 Express, Caliber Car Wash, Tommy’s Express, Splash, Zips, Autobell, Quick Quack, True Blue, Driven Brands, Wash Depot, White Water, El Car Wash
Investment highlights
20-Year Sale-Leaseback | 10% Scheduled Rental Increases
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Prime Victorville Location | High Traffic Retail Corridor
Surrounded by Major National & Regional Retailers
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
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