Car Wash
Super Star Car Wash | 20-Year Absolute NNN Lease | Corp Guarantee (75+ locations)
8330 Razorback Rd, Colorado Springs, CO 80920
Listing Price: $7,250,000
Investment Overview
Marcus & Millichap is pleased to present for sale Super Star Car Wash in Colorado Springs, Colorado.
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.
The Colorado Springs metro contains a population of approximately 755,000 people. Colorado Springs is the largest city, with around 461,000 residents, followed by Security-Widefield and Fountain. The population in the metro is expected to grow by 49,000 residents through 2026.
Super Star Car Wash | 20-Year Absolute NNN Lease | Corp Guarantee (75+ locations)
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 10 Percent Rental Increases Every Five Years
- Situated Immediately Off Interstate 25, a Major Connector with Direct Access to Denver and Downtown Colorado Springs ( Approximately 132,000 Cars per Day )
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- New High-Quality 2023 Construction
- Directly Adjacent to Walmart Supercenter and in Immediate Proximity to Chapel Hills Mall
- 178,498 Residents within a Five-Mile Radius - Households Projected to Increase Over Six Percent in the Immediate Area by 2027
- Subject Property in Located Along Strong Retail Corridor, with Direct Connections to Davis Airfield and the U.S. Air Force Academy
Broker of Record
Financing By
Car Wash
Super Star Car Wash | 20-Year Absolute NNN Lease | Corp Guarantee (75+ locations)
Listing Price: $7,250,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 10 Percent Rental Increases Every Five Years
- Situated Immediately Off Interstate 25, a Major Connector with Direct Access to Denver and Downtown Colorado Springs ( Approximately 132,000 Cars per Day )
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- New High-Quality 2023 Construction
- Directly Adjacent to Walmart Supercenter and in Immediate Proximity to Chapel Hills Mall
- 178,498 Residents within a Five-Mile Radius - Households Projected to Increase Over Six Percent in the Immediate Area by 2027
- Subject Property in Located Along Strong Retail Corridor, with Direct Connections to Davis Airfield and the U.S. Air Force Academy
Investment Overview
Marcus & Millichap is pleased to present for sale Super Star Car Wash in Colorado Springs, Colorado. 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. The Colorado Springs metro contains a population of approximately 755,000 people. Colorado Springs is the largest city, with around 461,000 residents, followed by Security-Widefield and Fountain. The population in the metro is expected to grow by 49,000 residents through 2026.
Broker of Record
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Adam Lewis
First Vice President/Regional Manager
Financing By
