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Car Wash

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

12272 Trinity Blvd, Fort Worth, TX 76155

Listing Price: $6,400,000

Cap Rate
6.00%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.0
Gross SF
4,926
Guarantor
Corporate Guarantee
Rentable SF
4,926
Price/Gross SF
$1,299.23
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$77.95

Investment Overview

Marcus & Millichap is pleased to present for sale Super Star Car Wash in Forth Worth, Texas.

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.

Fort Worth is the fifth-largest city in Texas and the 13th-largest city in the United States. The county seat of Tarrant County, Fort Worth spans 350 square miles and is home to an estimated 2022 population of 958,692 residents. Fort Worth is a principal city of the Dallas/Fort Worth Metroplex, which is the fourth-most populous metropolitan area in the United States.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 240,786 Residents and 277,403 Daytime Employees within a Five-Mile Radius in the Dallas/Fort Worth 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 More Than 10 Percent in the Immediate Area by 2027
  • Hard Corner Location More Than 41,700 Combined Cars per Day at the Intersection of Trinity Boulevard and Highway 157
  • One Mile North of the Viridian Master-Planned Community (2,000 Acres)
  • Adjacent to New Development, including a Self-Storage Facility Under Construction

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Car Wash

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

Listing Price: $6,400,000

Cap Rate
6.00%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.0
Gross SF
4,926
Guarantor
Corporate Guarantee
Rentable SF
4,926
Price/Gross SF
$1,299.23
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$77.95

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 240,786 Residents and 277,403 Daytime Employees within a Five-Mile Radius in the Dallas/Fort Worth 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 More Than 10 Percent in the Immediate Area by 2027
  • Hard Corner Location More Than 41,700 Combined Cars per Day at the Intersection of Trinity Boulevard and Highway 157
  • One Mile North of the Viridian Master-Planned Community (2,000 Acres)
  • Adjacent to New Development, including a Self-Storage Facility Under Construction

Investment Overview

Marcus & Millichap is pleased to present for sale Super Star Car Wash in Forth Worth, Texas. 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. Fort Worth is the fifth-largest city in Texas and the 13th-largest city in the United States. The county seat of Tarrant County, Fort Worth spans 350 square miles and is home to an estimated 2022 population of 958,692 residents. Fort Worth is a principal city of the Dallas/Fort Worth Metroplex, which is the fourth-most populous metropolitan area in the United States.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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