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Auto Service - Gas-Conv

Absolute Net 20 Year Car Wash | Dallas-Fort Worth MSA | 100% Bonus Depreciation | 2022 Construction

250 Crossroads Pkwy, Terrell (DFW MSA), TX 75160

Listing Price: $7,500,000

Cap Rate
6.00%
Tenant Name
ClearWater Express Wash
Years Remaining On Lease
19.9
Gross SF
6,750
Guarantor
Corporate Guarantee
Rentable SF
6,750
Price/Gross SF
$1,111.11
Lease Type
Absolute Net
Rent Per Square Feet
$66.67

Investment Overview

Terrell is a city in Kaufman County, Texas, located about 32 miles east of Dallas. Kaufman County is a county in the northeast area of the U.S. state of Texas. As of the 2020 census, its population was 145,310. Its county seat is Kaufman. Both the county, established in 1848, and the city were named for David S. Kaufman, a U.S. Representative and diplomat from Texas. Kaufman County is part of the Dallas-Fort Worth-Arlington metropolitan statistical area. The Dallas–Fort Worth metroplex, officially designated Dallas–Fort Worth–Arlington by the U.S. Office of Management and Budget, is a conurbated metropolitan statistical area in the U.S. state of Texas encompassing 11 counties and anchored by the major cities of Dallas and Fort Worth. It is the economic and cultural hub of North Texas. Residents of the area also refer to it as DFW (airport code), or the Metroplex. The Dallas–Fort Worth–Arlington metropolitan statistical area’s population was 7,637,387 according to the U.S. Census Bureau’s 2020 census,[4] making it the most populous metropolitan area in both Texas and the Southern United States, the fourth-largest in the U.S., and the tenth-largest in the Americas. In 2016, the Dallas–Fort Worth metroplex had the highest annual population growth in the United States.

Investment Highlights

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Tax Advisor.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility near FM148 with Daily Traffic Counts Exceeding 11k Vehicles. In Close Proximity to FM557.
  • Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System Featuring 180' Tunnel, Four-Lane Pay-Stations and 33 Vacuum Bays.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Adjacent to Buc-ee's and Numerous other National Retailers including Hobby Lobby, Academy Sports + Outdoors, Ross Dress for Less, Petco, Marshalls, Rack Room and many more.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Auto Service - Gas-Conv

Absolute Net 20 Year Car Wash | Dallas-Fort Worth MSA | 100% Bonus Depreciation | 2022 Construction

Listing Price: $7,500,000

Cap Rate
6.00%
Tenant Name
ClearWater Express Wash
Years Remaining On Lease
19.9
Gross SF
6,750
Guarantor
Corporate Guarantee
Rentable SF
6,750
Price/Gross SF
$1,111.11
Lease Type
Absolute Net
Rent Per Square Feet
$66.67

Investment Highlights

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Tax Advisor.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility near FM148 with Daily Traffic Counts Exceeding 11k Vehicles. In Close Proximity to FM557.
  • Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System Featuring 180' Tunnel, Four-Lane Pay-Stations and 33 Vacuum Bays.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Adjacent to Buc-ee's and Numerous other National Retailers including Hobby Lobby, Academy Sports + Outdoors, Ross Dress for Less, Petco, Marshalls, Rack Room and many more.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.

Investment Overview

Terrell is a city in Kaufman County, Texas, located about 32 miles east of Dallas. Kaufman County is a county in the northeast area of the U.S. state of Texas. As of the 2020 census, its population was 145,310. Its county seat is Kaufman. Both the county, established in 1848, and the city were named for David S. Kaufman, a U.S. Representative and diplomat from Texas. Kaufman County is part of the Dallas-Fort Worth-Arlington metropolitan statistical area. The Dallas–Fort Worth metroplex, officially designated Dallas–Fort Worth–Arlington by the U.S. Office of Management and Budget, is a conurbated metropolitan statistical area in the U.S. state of Texas encompassing 11 counties and anchored by the major cities of Dallas and Fort Worth. It is the economic and cultural hub of North Texas. Residents of the area also refer to it as DFW (airport code), or the Metroplex. The Dallas–Fort Worth–Arlington metropolitan statistical area’s population was 7,637,387 according to the U.S. Census Bureau’s 2020 census,[4] making it the most populous metropolitan area in both Texas and the Southern United States, the fourth-largest in the U.S., and the tenth-largest in the Americas. In 2016, the Dallas–Fort Worth metroplex had the highest annual population growth in the United States.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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