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Car Wash

Super Star Car Wash

1607 N Dysart Rd, Avondale, AZ 85392

Listing Price: $6,000,000

Cap Rate
5.50%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
17.4
Guarantor
Corporate Guarantee
Rentable SF
11,662
Lease Type
Absolute Net
Rent Per Square Feet
$28.30

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 approximately 118 locations throughout Arizona, California, Colorado, and Texas. Super Star Car Wash's full service locations offer gas, a convenience store, a customer lounge with amenities for children, and a full lube facility.

Avondale is a city in Arizona's Maricopa County, a suburb of Phoenix. As of the 2024 U.S. Census, the city is home to over 96,000 residents. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2024, Metro Phoenix has surpassed 5 million residents, making it the nation's 10th-largest metropolitan area.

Investment Highlights

  • 17 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • Over 235,000 Residents within Growing Avondale Trade Area in the Phoenix MSA - Households Projected to Increase More than 7 Percent by 2027
  • Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
  • Signalized Hard Corner Location with Over 100,800 Cars per Day at the Intersection of North Dysart Road and West McDowell Road
  • Located in the Shops at Alameda Crossing, Anchored by Kohl's, JOANN Fabric and Crafts, and Sprouts Farmers Market
  • Average Household Income Exceeds $107,000 in the Surrounding Area
  • Situated in a Dense Retail Corridor Located Immediately Off the I-10 Freeway (243,370 Cars Per Day)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Car Wash

Super Star Car Wash

Listing Price: $6,000,000

Cap Rate
5.50%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
17.4
Guarantor
Corporate Guarantee
Rentable SF
11,662
Lease Type
Absolute Net
Rent Per Square Feet
$28.30

Investment Highlights

  • 17 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • Over 235,000 Residents within Growing Avondale Trade Area in the Phoenix MSA - Households Projected to Increase More than 7 Percent by 2027
  • Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
  • Signalized Hard Corner Location with Over 100,800 Cars per Day at the Intersection of North Dysart Road and West McDowell Road
  • Located in the Shops at Alameda Crossing, Anchored by Kohl's, JOANN Fabric and Crafts, and Sprouts Farmers Market
  • Average Household Income Exceeds $107,000 in the Surrounding Area
  • Situated in a Dense Retail Corridor Located Immediately Off the I-10 Freeway (243,370 Cars Per Day)

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 approximately 118 locations throughout Arizona, California, Colorado, and Texas. Super Star Car Wash's full service locations offer gas, a convenience store, a customer lounge with amenities for children, and a full lube facility. Avondale is a city in Arizona's Maricopa County, a suburb of Phoenix. As of the 2024 U.S. Census, the city is home to over 96,000 residents. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2024, Metro Phoenix has surpassed 5 million residents, making it the nation's 10th-largest metropolitan area.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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