1115 Imperial Ave W - Quick Quack Car Wash | New 20yr Corp Abs NNN
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1115 Imperial Ave W - Quick Quack Car Wash | New 20yr Corp Abs NNN
3,600 SF Specialty Building Offered at $2,812,800 CAD at a 6% Cap Rate in Calexico, CA 92231
Investment Highlights
- Corporate Signed | Brand New 20-Year Lease | Scheduled Rental Increases | Options To Extend
- Outparcel to High Volume Food4Less & Rite Aid | National/Credit Tenant Presence
- Calexico Boarder Crossing | 8.2M+ Vehicles Crossed in 2023
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Along Imperial Ave. (34,000+ VPD | Excellent Visibility & Access
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, freestanding, newly constructed Quick Quack Car Wash investment property located in Calexico, California. The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN, making this an ideal, management free investment opportunity for a passive investor. Quick Quack Car Wash offers lightning-fast, eco-friendly car cleaning services, utilizing state-of-the-art equipment for a spotless shine in minutes. With over 200 locations throughout the United States, it stands as one of the largest and fastest-growing car wash chains in the country.
Property Facts
| Price | $2,812,800 CAD | Lot Size | 0.94 AC |
| Price Per SF | $781 CAD | Building Size | 3,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 2023 |
| Property Type | Specialty | Parking Ratio | 5/1,000 SF |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $2,812,800 CAD |
| Price Per SF | $781 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.94 AC |
| Building Size | 3,600 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 5/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Signage
1 of 1
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 058-120-033-000 | Improvements Assessment | $267,789 CAD |
| Land Assessment | $838,003 CAD | Total Assessment | $1,105,792 CAD |
PROPERTY TAXES
Parcel Number
058-120-033-000
Land Assessment
$838,003 CAD
Improvements Assessment
$267,789 CAD
Total Assessment
$1,105,792 CAD
zoning
| Zoning Code | CH (Commercial Highway) |
| CH (Commercial Highway) |
-
Power Broker Patrick Luther -
Power Broker Matthew Mousavi -
SRS National Net Lease
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1115 Imperial Ave W - Quick Quack Car Wash | New 20yr Corp Abs NNN
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.