Car Wash
20-Year Absolute Net Ground Lease Car Wash in Austin | Small Price Point | Largest Texas Operator
7101 E William Cannon Dr, Austin, TX 78744
Listing Price: $2,000,000
Investment Overview
Southeast Austin continues to emerge as one of the fastest-growing and most economically resilient regions within the Austin metropolitan area, supported by exceptional population growth, major corporate investment, and rapid residential development. The surrounding area has experienced substantial year-over-year expansion, fueled by large-scale employment drivers such as the Tesla Gigafactory, Oracle’s headquarters relocation, Austin-Bergstrom International Airport, FedEx Logistics, and numerous advanced manufacturing and technology companies that anchor the region. These major employers contribute to a strong and diverse workforce base, driving daily commuter traffic and elevating retail demand throughout the corridor.
The area around East William Cannon Drive has evolved into a high-traffic arterial serving a growing mix of established neighborhoods, newly developed master-planned communities, and a wave of multifamily housing that continues to reshape Southeast Austin’s housing landscape. More than 215,000 residents live within a five-mile radius, a number projected to increase significantly as new residential projects are delivered. Strong household income growth, combined with ongoing migration into the Austin market, provides a stable foundation for long-term retail performance.
With immediate access to SH-71, US-183, and IH-35, the trade area benefits from exceptional regional mobility, enabling consumers from a wide geographic radius to easily reach the corridor. Austin-Bergstrom International Airport’s expansion, enhanced road infrastructure, and rising industrial development continue to strengthen connectivity and increase commercial activity.
Retail demand in Southeast Austin remains robust, driven by a growing daytime population, expanding industrial employment, and sustained housing construction. The surrounding corridor features a dynamic mix of national retailers, service businesses, hotels, restaurants, and consumer-focused uses that support high customer frequency throughout the day.
20-Year Absolute Net Ground Lease Car Wash in Austin | Small Price Point | Largest Texas Operator
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. 2025 Construction. Low Rent / Small Price Point.
- Part of Easton Park Master Planned Community featuring 5,660 Singlefamily Homes, 2,320 Townhomes, 6,370 Multifamily Units, over 3.8 Million Square Feet of Commercial Space, a 40-Bed Hospital and more.
- Located in One of Austin's most Active Development Zones, with Ongoing Residential, Industrial, and Commercial Builds Further Strengthening Future Foot Traffic and Market Fundamentals.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Backed by Strong Unit Economics and Consistent Membership Growth. Strategic Alliance with BlueWave Express Creates 90+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
- Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.
- In Close Proximity to Major Employers and Education - Near the Massive 10-Million-Square-Foot Tesla Gigafactory, Austin-Bergstrom International Airport and The University of Texas at Austin. Densely Populated and Affluent Area: Features an Average Household Income of more than $120k within a 1-Mile Radius and over 164k People Residing within a 5-Mile Radius.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Car Wash
20-Year Absolute Net Ground Lease Car Wash in Austin | Small Price Point | Largest Texas Operator
Listing Price: $2,000,000
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. 2025 Construction. Low Rent / Small Price Point.
- Part of Easton Park Master Planned Community featuring 5,660 Singlefamily Homes, 2,320 Townhomes, 6,370 Multifamily Units, over 3.8 Million Square Feet of Commercial Space, a 40-Bed Hospital and more.
- Located in One of Austin's most Active Development Zones, with Ongoing Residential, Industrial, and Commercial Builds Further Strengthening Future Foot Traffic and Market Fundamentals.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Backed by Strong Unit Economics and Consistent Membership Growth. Strategic Alliance with BlueWave Express Creates 90+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
- Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.
- In Close Proximity to Major Employers and Education - Near the Massive 10-Million-Square-Foot Tesla Gigafactory, Austin-Bergstrom International Airport and The University of Texas at Austin. Densely Populated and Affluent Area: Features an Average Household Income of more than $120k within a 1-Mile Radius and over 164k People Residing within a 5-Mile Radius.
Investment Overview
Southeast Austin continues to emerge as one of the fastest-growing and most economically resilient regions within the Austin metropolitan area, supported by exceptional population growth, major corporate investment, and rapid residential development. The surrounding area has experienced substantial year-over-year expansion, fueled by large-scale employment drivers such as the Tesla Gigafactory, Oracle’s headquarters relocation, Austin-Bergstrom International Airport, FedEx Logistics, and numerous advanced manufacturing and technology companies that anchor the region. These major employers contribute to a strong and diverse workforce base, driving daily commuter traffic and elevating retail demand throughout the corridor. The area around East William Cannon Drive has evolved into a high-traffic arterial serving a growing mix of established neighborhoods, newly developed master-planned communities, and a wave of multifamily housing that continues to reshape Southeast Austin’s housing landscape. More than 215,000 residents live within a five-mile radius, a number projected to increase significantly as new residential projects are delivered. Strong household income growth, combined with ongoing migration into the Austin market, provides a stable foundation for long-term retail performance. With immediate access to SH-71, US-183, and IH-35, the trade area benefits from exceptional regional mobility, enabling consumers from a wide geographic radius to easily reach the corridor. Austin-Bergstrom International Airport’s expansion, enhanced road infrastructure, and rising industrial development continue to strengthen connectivity and increase commercial activity. Retail demand in Southeast Austin remains robust, driven by a growing daytime population, expanding industrial employment, and sustained housing construction. The surrounding corridor features a dynamic mix of national retailers, service businesses, hotels, restaurants, and consumer-focused uses that support high customer frequency throughout the day.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
