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30902238
30902240

2002 Santa Barbara Blvd S, Cape Coral, FL 33991

AB
CA CA 01958151
Realsource Group
JS
CA CA 02168139
Realsource Group
SR
FL CQ1059597, CA 02101543 (+42)
ParaSell Inc
Listed by Realsource Group, ParaSell Inc
$4,603,540
125 days on market
Updated 6 days ago

Mister Car Wash - Cape Coral, FL

Details
APN 26-44-23-C3-03054.1100
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,286
Cap Rate 5.65%
NOI $260,100
Occupancy 100%
Tenancy Single
Brand/Tenant Mister Car Wash
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 12/31/2044
Remaining Term 18.5
Rent Bumps Yes
Lease Options Four, 5-Year Options
Price per SqFt $1,074
Broker Co-Op Yes
Year Built 2020
Year Renovated 2021
Acreage 0.890
Lease Commencement 12/12/2024
Ground Lease No
Ownership Fee-Simple
Sale Condition For sale by owner

Low-Rent Express Wash Offering | 100% Bonus Depreciation

Marketing description

LINK TO OFFERING MEMORANDUM: https://realsource.com/mister-car-wash-cape-coral-fl-2/


Single-Tenant Mister Car Wash Sale-Leaseback:

Corporately guaranteed lease by the top car wash operator in the U.S.

Absolute NNN Lease, zero landlord responsibilities

18-years remaining on initial lease term with four 5-year options

2.00% annual increases during primary term and options

About Mister Car Wash (2025 Financial Report):

548 locations with numerous new sites set to open in 2026 - #1 largest operator

Surpassed $1 Billion in total reported revenue in 2025 - becoming the first express car wash brand in history to break the billion-dollar threshold.

2.3 million unlimited wash club members - representing nearly 80% of their total wash sales

34 new locations opened from 2024-2025 - About a 7% increase

Investment highlights

Significant Population Growth: 13.1% increase since 2020

Prime Location: Positioned on a 25,000+ CPD Roadway

Extremely Dense & Affluent Demographics: 175,000+ Population & $106,000 Avg. Household Incomes in 5-mi Radius

Strong Retail Synergy: 2-min drive from a Target & Lowe’s Anchored Shopping Center

Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash improvements (contact for more info) “Big Beautiful Bill” includes the reset of bonus depreciation to 100% for 2025 and beyond

Booming Nearby Development: Hudson Creek: 1,732- acre Mixed-Use Development featuring 3,500 Housing Units, 425,000 sf of retail space, 500 hotel rooms, & 150,000 sf of office space

The Cove at 47th: $103M Mixed-Use Development featuring 327 luxury apartments, 19,000 sf of retail & office space

The Shops at Del Mar: Nearby 30,000 SF retail project

30-min drive to Southwest Florida International Airport: Servicing 10.3MM+ Passengers a year

14 Major Airlines with Nonstop Service throughout U.S, Canada & Europe

Income Tax Free State: Ideal for the out-of-state investor

Cape Coral - Fort Meyers MSA: #4 fastest growing region in the USA with a 6.8% increase

Mister Car Wash, Quick Quack Car Wash, Tommy’s Express Car Wash, Take-5 Car Wash, Whistle Express Car Wash, El Car Wash, Caliber Car Wash, Super Star Car Wash, Mammoth Car Wash

Listing Contacts

AB
CA CA 01958151
Realsource Group
JS
CA CA 02168139
Realsource Group
SR
FL CQ1059597, CA 02101543 (+42)
ParaSell Inc
Listed by Realsource Group, ParaSell Inc

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$260,100.00
$21,675.00/mo

Valuation Metrics

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DSCR
5.65%
Cap Rate
5.65%
ROI

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Additional Information

Name
Scott Reid
License
CQ1059597
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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