Child Care
Ultra Clean Express Car Wash (dba Fast & Friendly Express Car Wash)
16205 W Bell Rd, Surprise, AZ 85374
Listing Price: $6,750,000
Investment Overview
Marcus & Millichap is pleased to present for sale, Ultra Clean Express Car Wash in Surprise, Arizona. Ultra Clean Express ("Ultra Clean") is a leading operator of express car wash facilities with locations throughout the Las Vegas and Phoenix MSAs. Ultra Clean currently has 20 locations, with six in development with additional larger expansion plans. The company operates multiple brands under the same umbrella: Ultra Clean, 3 Minute Car Wash, Rinse N Ride, Sparkle, and Fast & Friendly. Ultra Clean's sites have industry leading economics, modern express exterior equipment, and a loyal customer base. Ultra Clean's management team has a long track record of success in car wash and multi-site services. Ultra Clean's strategy is to build regional density in attractive MSAs in the Southwest United States. The company operates 14 sites in Arizona with two in development. In Nevada, the company operates six sites with four in development. Lindsay Goldberg ("LG") is a New York-based private investment firm that focuses on partnering with families, founders, and management teams seeking to actively build their businesses and pursue long-term value creation. LG acquired Ultra Clean in late 2021. LG has marked experience investing in multi-site services business models and buy-and-build platforms. The firm takes a long-term view to investing by supporting its investments throughout their life cycle. LG partnered with two highly experienced multi-site services executives to lead the company: CEO Frank Kneller is a four-time PE backed CEO with recent multi-site services experience at Sun Auto (350+ locations); Chairman Tom Mangas is the former CEO of the International Car Wash Group. Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents. The City of Surprise offers an assortment of amenities. Located in the center of Surprise is the Surprise stadium.
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 10 Percent Rental Increases Every Five Years
- 180,796 Residents within Growing Surprise Trade Area in the Phoenix MSA - Projected to Increase More Than Eight Percent by 2027
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- Excellent Visibility Along West Bell Road (38,300 Cars per Day), One of the Busiest Arterial Roads in the State of Arizona
- Dense Retail Corridor Location Immediately Off the AZ State Route (Loop) 303 - Major Tenants Include Sam's Club, WinCo Foods, Safeway, McDonald's, and Taco Bell
- Average Household Income Exceeds $89,000 in the Immediate Area
- Adjacent to a New Multifamily Development Currently Under Construction
Child Care
Ultra Clean Express Car Wash (dba Fast & Friendly Express Car Wash)
Listing Price: $6,750,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 10 Percent Rental Increases Every Five Years
- 180,796 Residents within Growing Surprise Trade Area in the Phoenix MSA - Projected to Increase More Than Eight Percent by 2027
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- Excellent Visibility Along West Bell Road (38,300 Cars per Day), One of the Busiest Arterial Roads in the State of Arizona
- Dense Retail Corridor Location Immediately Off the AZ State Route (Loop) 303 - Major Tenants Include Sam's Club, WinCo Foods, Safeway, McDonald's, and Taco Bell
- Average Household Income Exceeds $89,000 in the Immediate Area
- Adjacent to a New Multifamily Development Currently Under Construction
Investment Overview
Marcus & Millichap is pleased to present for sale, Ultra Clean Express Car Wash in Surprise, Arizona. Ultra Clean Express ("Ultra Clean") is a leading operator of express car wash facilities with locations throughout the Las Vegas and Phoenix MSAs. Ultra Clean currently has 20 locations, with six in development with additional larger expansion plans. The company operates multiple brands under the same umbrella: Ultra Clean, 3 Minute Car Wash, Rinse N Ride, Sparkle, and Fast & Friendly. Ultra Clean's sites have industry leading economics, modern express exterior equipment, and a loyal customer base. Ultra Clean's management team has a long track record of success in car wash and multi-site services. Ultra Clean's strategy is to build regional density in attractive MSAs in the Southwest United States. The company operates 14 sites in Arizona with two in development. In Nevada, the company operates six sites with four in development. Lindsay Goldberg ("LG") is a New York-based private investment firm that focuses on partnering with families, founders, and management teams seeking to actively build their businesses and pursue long-term value creation. LG acquired Ultra Clean in late 2021. LG has marked experience investing in multi-site services business models and buy-and-build platforms. The firm takes a long-term view to investing by supporting its investments throughout their life cycle. LG partnered with two highly experienced multi-site services executives to lead the company: CEO Frank Kneller is a four-time PE backed CEO with recent multi-site services experience at Sun Auto (350+ locations); Chairman Tom Mangas is the former CEO of the International Car Wash Group. Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents. The City of Surprise offers an assortment of amenities. Located in the center of Surprise is the Surprise stadium.

