Auto Service - Gas-Conv

Super Star Car Wash | 20 Yr Leases | Excellent Tenant Financials

3930 E Baseline Rd, Phoenix, AZ 85042

Listing Price: $4,995,000

Cap Rate
5.75%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.1
Guarantor
Corporate Guarantee
Rentable SF
5,037
Lease Type
Absolute Net
Rent Per Square Feet
$57.02

Investment Overview

Super Star Car Wash offers full service and express car washes in Arizona and California. The company has 32 car wash locations, six full service sites, four quick lube facilities, and four gas stations. 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. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. Since 2000, the population in the metro increased by more than 38 percent. The largest city is Phoenix, which encompasses about 520 square miles, is the capital city and boasts a population of more than 1.5 million.

Investment Highlights

  • New 20-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • 259,206 Residents within a 5-Mile Radius - Growing South Phoenix Trade Area
  • Excellent Tenant Financials (Inquire with Broker)
  • Located 1.5 Miles Off the I-10 Freeway, a Major Connector for the Phoenix Area
  • Visible to 59,360+ Cars/Day Along East Baseline Road, One of the Highest Traffic Counts in the State
  • Down the Road from Arizona Mills Shopping Mall and Arizona Grand Resort & Spa
  • Adjacent to Raven Golf Club and Legacy Golf Club

Exclusively Listed By

Auto Service - Gas-Conv

Super Star Car Wash | 20 Yr Leases | Excellent Tenant Financials

Listing Price: $4,995,000

Cap Rate
5.75%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.1
Guarantor
Corporate Guarantee
Rentable SF
5,037
Lease Type
Absolute Net
Rent Per Square Feet
$57.02

Investment Highlights

  • New 20-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • 259,206 Residents within a 5-Mile Radius - Growing South Phoenix Trade Area
  • Excellent Tenant Financials (Inquire with Broker)
  • Located 1.5 Miles Off the I-10 Freeway, a Major Connector for the Phoenix Area
  • Visible to 59,360+ Cars/Day Along East Baseline Road, One of the Highest Traffic Counts in the State
  • Down the Road from Arizona Mills Shopping Mall and Arizona Grand Resort & Spa
  • Adjacent to Raven Golf Club and Legacy Golf Club

Investment Overview

Super Star Car Wash offers full service and express car washes in Arizona and California. The company has 32 car wash locations, six full service sites, four quick lube facilities, and four gas stations. 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. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. Since 2000, the population in the metro increased by more than 38 percent. The largest city is Phoenix, which encompasses about 520 square miles, is the capital city and boasts a population of more than 1.5 million.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower