1380 FM 528 Rd - Car Washes FOR SALE


Webster, TX 77598
$5,470,212 USD
949-431-2735
1380 FM 528 Rd, Webster, TX for Sale
$5,470,212 USD
Car Washes - FOR SALE
1/3
null | 5.65% Cap Rate

1380 FM 528 Rd
Webster, TX 77598


HIGHLIGHTS

  • 100% Bonus Depreciation
  • Houston TX MSA Location
  • Strong Sales Performer

OVERVIEW

• Single-Tenant Mister Car Wash Sale-Leaseback: ° Corporately guaranteed lease by the top car wash operator in the U.S. ° Absolute NNN Lease, zero landlord responsibilities ° 20-year initial lease term with four 5-year options ° 1.50% annual increases during primary term and options • About Mister Car Wash (2025 Financial Report): ° 548 locations with numerous new sites set to open in 2026 - #1 largest operator ° Surpassed $1 Billion in total reported revenue in 2025 - becoming the first express car wash brand in history to break the billion-dollar threshold. ° 2.3 million unlimited wash club members - representing nearly 80% of their total wash sales ° 34 new locations opened from 2024-2025 - About a 7% increase • Leonard Green Backing: ° Institutional Sponsorship: Leonard Green & Partners is a large-cap private equity firm with nearly $100B of assets under management, providing deep capital and strategic resources. ° Proven Long-Term Partner: LGP has been invested in Mister Car Wash since 2014 and has played a key role in scaling the platform into the nation’s largest operator, with plans to significantly expand its national footprint. ° $3.1B Take-Private (Feb 2026): LGP’s agreement to take Mister Car Wash private underscores strong conviction in the long-term growth story. ° Accelerated Growth Strategy: Operating outside of public-market pressures

FOR SALE DETAILS

PRICE

$5,470,212 USD

PRICE/SF

$1,009 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mister Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

1390580010001

ASK ABOUT THIS PROPERTY

Austin BlodgettRealSource GroupMore Info
949-431-2735

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Austin BlodgettRealSource GroupMore Info
949-431-2735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.