Club Car Wash Ground Lease | Colorado Springs, CO
Signalized Hard Corner | New Corporate 20-Year Abs NNN Ground Lease
Marketing description
New 20-year absolute NNN ground lease to Club Car Wash (backed by Wildcat Asset Management), a subscription-based, express car wash chain delivering high-frequency, reliable site visitation.
Club Car Wash was acquired in 2019 by Wildcat Asset Management ($4.6B in assets under management).
10% rental increases every five (5) years in initial term and four (4) option periods of five years each, ensuring consistent income growth.
Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
Founded in 2006 and headquartered in Columbia, Missouri, Club Car Wash operates over 215 locations with another 55+ under development.
Investment highlights
Prime Car Wash Location: Highly visible and easily accessible location at the four-way intersection of North Gate Boulevard and Roller Coaster Road, allowing for prime site visibility.
Reliable Tenancy: Founded in 2006 and headquartered in Columbia, Missouri, Club Car Wash operates over 215 locations with another 55+ under development.
Strong Demographic Base: The five-mile radius serves a populous region of 72,133 with an average annual household income of $247,520 within one mile.
Shopping Center Outparcel: The property serves as an outparcel to a King Scoopers (Kroger)-anchored multi-tenant shopping center and is surrounded by major national retailers, creating a vibrant commercial hub for retail service.
Major Thoroughfares: This Club Car Wash’s proximity to State Route 83 (17,000 AADT) and Interstate 25 (111,000 AADT) allows the property to capture significant local and commuter traffic.
Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Club Car Wash and Colorado Springs for steady concurrent growth.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
