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30111083
30111084

1829 U.S.-190, Livingston, TX 77351 For Sale

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
JT
CA 02031343
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$6,429,035
140 days on market
Updated 39 days ago
Opportunity zone

ABS NET 20YR CAR WASH | #1 TEXAS OPERATOR | ANNUAL INCREASES

Details
Property Type Retail, Special Purpose
Sub Type Car Wash, Storefront
Square Footage 3,615
Cap Rate 6.65%
NOI $427,530
Tenancy Single
Brand/Tenant Bluewave Car Wash, ClearWater Express Wash
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Class A
Year Built 2022
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Retail | 6.65% CAP | 3,615 SqFt

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310557/bluewave-express-car-wash

Listing Contacts

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
JT
CA 02031343
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$427,530.00
$35,627.50/mo

Valuation Metrics

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DSCR
6.65%
Cap Rate
6.65%
ROI

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