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Auto Service - Gas-Conv

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

7080 S Power Rd, Gilbert, AZ 85297

Listing Price: $6,750,000

Cap Rate
5.75%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.2
Gross SF
4,625
Guarantor
Corporate Guarantee
Rentable SF
4,625
Price/Gross SF
$1,459.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.92

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
  • 175,993 Residents within a 5-Mile Radius - Phoenix MSA
  • Excellent Tenant Financials (Inquire with Broker)
  • Over 23,700 Cars/Day Along South Power Road, and 42,570+ Cars/Day at the Intersection of Power Road and Pecos Road
  • Surrounded by National Retailers - The Home Depot, Esporta Fitness, Burger King, Taco Bell, CVS, Public Storage, and More
  • Average Household Income Exceeds $125,000 within 5 Miles of Subject Property
  • Strong Daytime Population - 136,470+ Employees in Surrounding Area

Exclusively Listed By

Auto Service - Gas-Conv

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

Listing Price: $6,750,000

Cap Rate
5.75%
Tenant Name
Super Star Car Wash
Years Remaining On Lease
20.2
Gross SF
4,625
Guarantor
Corporate Guarantee
Rentable SF
4,625
Price/Gross SF
$1,459.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.92

Investment Highlights

  • New 20-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • 175,993 Residents within a 5-Mile Radius - Phoenix MSA
  • Excellent Tenant Financials (Inquire with Broker)
  • Over 23,700 Cars/Day Along South Power Road, and 42,570+ Cars/Day at the Intersection of Power Road and Pecos Road
  • Surrounded by National Retailers - The Home Depot, Esporta Fitness, Burger King, Taco Bell, CVS, Public Storage, and More
  • Average Household Income Exceeds $125,000 within 5 Miles of Subject Property
  • Strong Daytime Population - 136,470+ Employees in Surrounding Area

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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