Listed by SURMOUNT, Marcus & Millichap - Orange County
$6,770,833
Cobblestone Auto Spa
Details
Property Type Retail
Sub Type Auto wash
Square Footage 3,600
Cap Rate 6%
NOI $406,250
Occupancy 100%
Tenancy Single
Brand/Tenant Cobblestone Auto Spa
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 6, 5-Year Options
Year Built 2025
Acreage 1.160
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Cobblestone Auto Spa located at 4074 South Lindsay Road, Gilbert, AZ. The site consists of roughly 3,600 rentable square feet of building space on an estimated 1.16-acre parcel of land. Cobblestone Auto Spa is subject to a 20-year lease which will commence upon close of escrow. The annual rent will be $406,250 and has scheduled increases of 1.50% Annually.
Investment highlights
- Bonus Depreciation Opportunity | The property qualifies for 100% bonus depreciation, offering investors significant tax advantages in the early years of ownership. These incentives enhance after-tax cash flow and improve overall investment returns, making this asset especially attractive for buyers seeking efficient tax treatment on real estate holdings. SURMOUNT and Marcus and Millichap are not a tax advisors. Please consult your own tax professional.
- Cobblestone Auto Spa Corporate Guarantee | The lease is guaranteed by Cobblestone Auto Spa, one of the nation's largest and fastest-growing car wash operators, with 110+ locations nationwide and a significant presence across the Southwest and beyond. The company continues to expand through strategic acquisitions and new development, reinforcing its position as a leader in the industry. Within its MSAs, Cobblestone holds more locations than any competing brand — a density that creates a compounding network effect: high brand recognition drives customer acquisition, a scaled membership base generates predictable recurring revenue, and broad geographic coverage maximizes member convenience and retention.
- Affluent & Dense Demographic Profile | The subject property benefits from exceptional surrounding demographics with more than 83,000 residents within a 3-mile radius and over 296,000 residents within a 5- mile radius. The immediate trade area is highly affluent, featuring an average household income exceeding $193,100 within 1 mile and $163,900 within 3 miles.
- Dense Retail Corridor with Strong National Retail Synergy | The property is positioned within a dominant retail corridor surrounded by nationally recognized retailers including Walmart, The Home Depot, Hobby Lobby, Staples, Bath & Body Works, TJ Maxx, Michaels, and more.
- Strategically Positioned Between Two Regional Airports | The property is strategically located between Chandler Municipal Airport and PhoenixMesa Gateway Airport, providing strong regional accessibility and connectivity throughout the rapidly growing Southeast Phoenix MSA.
- High-Visibility Hard Corner Position with Strong Traffic Counts | The property benefits from a premier hard corner intersection location at the signalized intersection of German Road and S Lindsay Road, two heavily traveled arterials collectively seeing over 18,000 vehicles per day.
Listing Contacts
Listed by SURMOUNT, Marcus & Millichap - Orange County
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$406,250.00
$33,854.17/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
RU-43 MixedMixed UseRural Zoning District 1 Acre Per Dwelling Unit
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View all 127 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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