702 Southmore Ave - Freestanding FOR SALE


Pasadena, TX 77502- Downtown Pasadena
$3,000,000 USD
415-269-8969
702 Southmore Ave, Pasadena, TX for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/6
null | 5.75% Cap Rate

702 Southmore Ave
Pasadena, TX 77502
Downtown Pasadena


HIGHLIGHTS

  • Quick Quack is the 4th Largest Car Wash Chain in the U.S.
  • 20 Year NNN Ground Lease with 10% Increases Every 5 Years through Primary Term and Four 5-Year Options
  • Strong Surrounding Demographics with Great Employment Numbers

OVERVIEW

2025 CONSTRUCTION QUICK QUACK CAR WASH ON A BRAND NEW, 20-YEAR, ABSOLUTE NNN CORPORATE GROUND LEASE WITH CORNER VISIBILITY AT A SIGNALIZED INTERSECTION.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Quick Quack Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

0513350000010

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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