Listed by SRS National Net Lease Group, SRS Real Estate Partners San Diego
$5,900,000
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
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
Listed by SRS National Net Lease Group, SRS Real Estate Partners San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$295,000.00
$24,583.33/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Zoning
GC CommercialGeneral CommercialGeneral Commercial
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View all 69 uses
View all 69 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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