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32935260
32935259

7559 Broadway, Lemon Grove, CA 91945

CK
CA CA License No. 00947314, NV NV License No. S.0174447 (+1)
SRS National Net Lease Group
RD
CA 02082187
SRS National Net Lease Group
AP
CA 01493043, IL 475.185957 (+1)
SRS Real Estate Partners San Diego
Listed by SRS National Net Lease Group, SRS Real Estate Partners San Diego
$5,900,000
46 days on market
Updated 39 days ago

Quick Quack Car Wash - San Diego, CA

Details
Property Type Retail, Special Purpose
Sub Type Gas Station, Car Wash
Square Footage 3,600
Cap Rate 5%
NOI $295,000
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+2)
Lease Type Absolute NNN
Lease Expiration 06/30/2046
Remaining Term 20
Rent Bumps Yes
Lease Options 3 (5-year)
Price per SqFt $1,639
Year Built 2026
Acreage 1.010
Zoning C-G
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

New Construction | 20-Year Abs NNN Lease | +200k Population in 3-Miles

Investment highlights

New Construction | 20-Year Lease | Scheduled Rent Increases

  • Quick Quack Car Wash Corporate signed lease
  • New 2026 high-end construction equipped with 3 car-wash lanes
  • 20 years remaining with 3 (5-year) option periods to extend
  • The lease features 10% rent increases every 5 years throughout the initial term and option periods providing a hedge against inflation

Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities

  • Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
  • No landlord responsibilities
  • Ideal, management-free investment for a passive investor

Strong Growing Company & Business Model

  • Quick Quack Car Wash is one of the largest and fastest-growing car wash chains in the US, with over 340 locations across multiple states
  • In 2024, global investment firm KKR bought a significant minority stake of$850 million in Quick Quack
  • Quick Quack emphasizes a fast, high-quality, and environmentally friendly car washing system using neoprene foam, soft cloth, and filtered, recycled water

Strategic Location | Robust Traffic | Highly Desirable In-fill San Diego Market

  • Strategically located at the signalized intersection of Broadway and Buena Vista Avenue in Lemon Grove, in a densely populated area surrounded by strong national retail tenants with excellent access and visibility
  • A combined 34,200 cars pass by the site at this intersection on average every day
  • Situated 1 block south of Highway 94 (148,000 VPD)
  • Rare opportunity to acquire retail property in the San Diego MSA within a dense, infill trade area with significant barriers to entry

Affluent, Direct Consumer Base | Strong Demographics In The Immediate Trade Area

  • The 5-mile trade area is supported by more than 514,000 residents and 114,000 employees, providing a direct consumer base from which to draw
  • Affluent trade area with an average household income over $119,000 within 1-mile, projected to increase to over $132,000 by 2030

Local Traffic Drivers

  • Across Broadway from Home Depot (ranked in the top 2% nationwide in terms of customer visits by placer.AI) and Food 4 Less (ranked in the top 26% nationwide)
  • 1 mile south of Helix High School (2,544 students)
  • 2.5 miles north of Mount Miguel High School (1,506 students)

Listing Contacts

CK
CA CA License No. 00947314, NV NV License No. S.0174447 (+1)
SRS National Net Lease Group
RD
CA 02082187
SRS National Net Lease Group
AP
CA 01493043, IL 475.185957 (+1)
SRS Real Estate Partners San Diego
Listed by SRS National Net Lease Group, SRS Real Estate Partners San Diego

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$295,000.00
$24,583.33/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

Map

Zoning

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GC CommercialGeneral CommercialGeneral Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Chuck Klein
License
CA License No. 00947314
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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