14812 Bear Valley Rd - Car Washes FOR SALE


Victorville, CA 92395
$4,348,000 USD
949-506-2009
14812 Bear Valley Rd, Victorville, CA for Sale
$4,348,000 USD
Car Washes - FOR SALE
1/12
null | 5.75% Cap Rate

14812 Bear Valley Rd
Victorville, CA 92395


HIGHLIGHTS

  • 20-Year Sale-Leaseback | 10% Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Prime Victorville Location | High Traffic Retail Corridor
  • Surrounded by Major National & Regional Retailers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Super Star Car Wash investment property located in Victorville, California. The tenant, Super Star Car Wash recently signed a brand new 20-year sale-leaseback with 2 (5-year) and 1 (4 Year, 11 Month) option 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, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. Mister Car Wash, Take 5 Express, Caliber Car Wash, Tommy’s Express, Splash, Zips, Autobell, Quick Quack, True Blue, Driven Brands, Wash Depot, White Water, El Car Wash

FOR SALE DETAILS

PRICE

$4,348,000 USD

PRICE/SF

$873 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Super Star Car Wash | 20-Yr NNN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,441 SF

ZONING

C-2

APN/PARCEL ID

3093-211-15

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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