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Car Wash

Super Star Car Wash | 20-Year Absolute NNN Lease | Corp Guarantee (75+ locations)

19571 W Indian School Rd, Buckeye, AZ 85396

Listing Price: $6,333,000

Cap Rate
6.00%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.0
Gross SF
4,563
Guarantor
Corporate Guarantee
Rentable SF
4,563
Price/Gross SF
$1,387.90
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.28

Investment Overview

Super Star Car Wash offers full service and express car washes in Arizona, California, Colorado, and Texas. Founded in 1993, Super Star Car Wash operates over 75 locations with 20 additional locations under construction.

Buckeye is 30 miles west of Phoenix, located at the edge of the metro area and south of White Tank Mountain Regional Park. Founded in 1888, the city was originally named “Sidney.” In 1910, the name was changed to “Buckeye” and the city boomed as a result of the introduction of the railroad.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 75,184 Residents Within a Five-Mile Radius in Buckeye (Phoenix MSA)
  • Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • Rapidly Growing Trade Area with Households and Population Projected to Increase 24-28 Percent by 2027
  • Located in the Verrado Master-Planned Community, the Phoenix Area's Largest Surburban Community that will Contain 14,000 Homes at Full Build Out
  • Average Household Income Exceeds $116,000 Within a Three-Mile Radius
  • Surrounded by New Development and Major National Retailers, Including Fry's, Burger King, Goodwill, Ace Hardware, Dollar Tree, and More

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Car Wash

Super Star Car Wash | 20-Year Absolute NNN Lease | Corp Guarantee (75+ locations)

Listing Price: $6,333,000

Cap Rate
6.00%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.0
Gross SF
4,563
Guarantor
Corporate Guarantee
Rentable SF
4,563
Price/Gross SF
$1,387.90
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.28

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 75,184 Residents Within a Five-Mile Radius in Buckeye (Phoenix MSA)
  • Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • Rapidly Growing Trade Area with Households and Population Projected to Increase 24-28 Percent by 2027
  • Located in the Verrado Master-Planned Community, the Phoenix Area's Largest Surburban Community that will Contain 14,000 Homes at Full Build Out
  • Average Household Income Exceeds $116,000 Within a Three-Mile Radius
  • Surrounded by New Development and Major National Retailers, Including Fry's, Burger King, Goodwill, Ace Hardware, Dollar Tree, and More

Investment Overview

Super Star Car Wash offers full service and express car washes in Arizona, California, Colorado, and Texas. Founded in 1993, Super Star Car Wash operates over 75 locations with 20 additional locations under construction. Buckeye is 30 miles west of Phoenix, located at the edge of the metro area and south of White Tank Mountain Regional Park. Founded in 1888, the city was originally named “Sidney.” In 1910, the name was changed to “Buckeye” and the city boomed as a result of the introduction of the railroad.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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