Car Wash
Mighty Wash Car Wash | Qualifies for Bonus / Accelerated Depreciation
6212 19th St, Lubbock, TX 79415
Listing Price: $3,764,000
Investment Overview
Marcus & Millichap is pleased to present for sale Mighty Wash Car Wash in Lubbock, Texas. Mighty Wash is a Texas-based car wash chain founded in Lubbock, Texas in 2012. In 2018, Mighty Wash acquired three Quick Quack Car Wash sites in Lubbock, Texas, and in 2021 the company acquired the entire ZK Express Tornado Car Wash chain for a total of five locations in Texas and New Mexico. Overall, Mighty Wash operates 20 locations and counting throughout southeastern New Mexico and west Texas.
Home to Texas Tech, one of the largest universities in the state, Lubbock is also the most populous metro in the western Texas and eastern New Mexico region. The county seat of Lubbock County, the city is home to an estimated 329,000 residents.
Mighty Wash Car Wash | Qualifies for Bonus / Accelerated Depreciation
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Annual Rent Increases
- Corporate Guaranty by Mighty Wash, with 20 Locations and Counting Throughout Texas and New Mexico
- 165,393 Residents within a Five-Mile Radius - Dense Lubbock Infill
- Households and Population Projected to Increase 6 - 7 Percent in the Immediate Area by 2028
- Visible to 33,800 Cars per Day Along 19th Street
- Located Immediately Off TX Loop 289, a Major Connector for the Lubbock Area
- Close Proxmity to West End Center, Home to 350,000 Square Feet of Retail and Restaurant Space - National Tenants Include Cabela's, Costco, and Dave & Buster's
- One Mile West of Lubbock Christian University (Over 1,600 Students)
Car Wash
Mighty Wash Car Wash | Qualifies for Bonus / Accelerated Depreciation
Listing Price: $3,764,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Annual Rent Increases
- Corporate Guaranty by Mighty Wash, with 20 Locations and Counting Throughout Texas and New Mexico
- 165,393 Residents within a Five-Mile Radius - Dense Lubbock Infill
- Households and Population Projected to Increase 6 - 7 Percent in the Immediate Area by 2028
- Visible to 33,800 Cars per Day Along 19th Street
- Located Immediately Off TX Loop 289, a Major Connector for the Lubbock Area
- Close Proxmity to West End Center, Home to 350,000 Square Feet of Retail and Restaurant Space - National Tenants Include Cabela's, Costco, and Dave & Buster's
- One Mile West of Lubbock Christian University (Over 1,600 Students)
Investment Overview
Marcus & Millichap is pleased to present for sale Mighty Wash Car Wash in Lubbock, Texas. Mighty Wash is a Texas-based car wash chain founded in Lubbock, Texas in 2012. In 2018, Mighty Wash acquired three Quick Quack Car Wash sites in Lubbock, Texas, and in 2021 the company acquired the entire ZK Express Tornado Car Wash chain for a total of five locations in Texas and New Mexico. Overall, Mighty Wash operates 20 locations and counting throughout southeastern New Mexico and west Texas. Home to Texas Tech, one of the largest universities in the state, Lubbock is also the most populous metro in the western Texas and eastern New Mexico region. The county seat of Lubbock County, the city is home to an estimated 329,000 residents.
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