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Auto Service - Gas-Conv

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

950 S Val Vista Dr, Gilbert, AZ 85296

Listing Price: $5,250,000

Cap Rate
5.75%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
19.7
Guarantor
Corporate Guarantee
Rentable SF
3,501
Lease Type
Absolute Net
Rent Per Square Feet
$86.23

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. As part of the Phoenix MSA, Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community. Once known as the “Hay Shipping Capital of the World,” more recently Gilbert has received accolades such as “Phoenix’s Coolest Suburb,” a “top 5 foodie neighborhood in metro Phoenix”. Gilbert is also consistently recognized as one of the safest and best cities to live in the U.S.

Investment Highlights

  • New 20-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • 317,411 Residents within a 5-Mile Radius
  • Excellent Tenant Financials (Inquire with Broker)
  • Households Projected to Increase Nearly 9% within a 3-Mile Radius by 2025 - Growing Gilbert Trade Area in the Phoenix MSA
  • Visible to 34,000+ Cars/Day Along South Val Vista Drive
  • Over 54,640 Cars/Day at the Intersection of Val Vista Drive and Warner Road
  • Outparcel to Target-Anchored Center

Exclusively Listed By

Auto Service - Gas-Conv

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

Listing Price: $5,250,000

Cap Rate
5.75%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
19.7
Guarantor
Corporate Guarantee
Rentable SF
3,501
Lease Type
Absolute Net
Rent Per Square Feet
$86.23

Investment Highlights

  • New 20-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • 317,411 Residents within a 5-Mile Radius
  • Excellent Tenant Financials (Inquire with Broker)
  • Households Projected to Increase Nearly 9% within a 3-Mile Radius by 2025 - Growing Gilbert Trade Area in the Phoenix MSA
  • Visible to 34,000+ Cars/Day Along South Val Vista Drive
  • Over 54,640 Cars/Day at the Intersection of Val Vista Drive and Warner Road
  • Outparcel to Target-Anchored Center

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. As part of the Phoenix MSA, Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community. Once known as the “Hay Shipping Capital of the World,” more recently Gilbert has received accolades such as “Phoenix’s Coolest Suburb,” a “top 5 foodie neighborhood in metro Phoenix”. Gilbert is also consistently recognized as one of the safest and best cities to live in the U.S.

Exclusively Listed By

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