13620 Horizon Blvd - Car Washes FOR SALE


Horizon City, TX 79928
$4,530,000 USD
949-431-2735
13620 Horizon Blvd, Horizon City, TX for Sale
$4,530,000 USD
Car Washes - FOR SALE
1/1
null | 6.5% Cap Rate

13620 Horizon Blvd
Horizon City, TX 79928


HIGHLIGHTS

  • Single-Tenant Mister Car Wash Sale-Leaseback

OVERVIEW

Single-Tenant Mister Car Wash Sale-Leaseback: ° Corporately guaranteed lease by the largest car wash operator in the U.S. ° Absolute NNN Lease, zero landlord responsibilities ° 20-year initial lease term with four 5-year options ° 1.5% annual increases during primary term and options • About Mister Car Wash: ° 500 locations with numerous new sites set to open in 2024 ° $927 million in total revenue reported for 2023 ° 2.1 million Unlimited Wash Club members, 10.3% increase ° 41 new sites opened in 2023, 35 of which are greenfield locations and 6 acquired ° Publicly traded company (NYSE: MCW) • Brand New, 2023 Construction: Mister’s Latest Prototype

FOR SALE DETAILS

PRICE

$4,530,000 USD

PRICE/SF

$694 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mister Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,945 SF

ZONING

-

APN/PARCEL ID

H772-000-0010-0150

ASK ABOUT THIS PROPERTY

Austin BlodgettRealSource GroupMore Info
949-431-2735

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Austin BlodgettRealSource GroupMore Info
949-431-2735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.