15949 W State Highway 71 - Specialty FOR SALE


Vlg O the Hls, TX 78738 | 
$6,470,000 USD
949-431-2735
15949 W State Highway 71, Vlg O the Hls, TX for Sale
$6,470,000 USD
Specialty - FOR SALE
1/3
null | 5.66% Cap Rate

15949 W State Highway 71
Vlg O the Hls, TX 78738


HIGHLIGHTS

  • 100% Bonus Depreciation
  • Absolute NNN, 20-year sale-leaseback
  • Excellent Sales Performer

OVERVIEW

• Single-Tenant Club Car Wash Sale-Leaseback: ° Corporately guaranteed lease by Club Car Wash ° Absolute NNN Lease with zero landlord responsibilities ° 20-year initial lease term with four 5-year options ° 1.50% annual increases during primary term and options • About Club Car Wash: ° 230+ locations across 11 states throughout the Midwest, Texas & Colorado ° Private equity backed by multi-billion dollar firm, Wildcat Capital Management(More Info) ° Travis Kelce, Star Tight-End for the KC Chiefs is a Co-Owner, and is the Official Car Wash of the KC Chiefs ° Expanding Rapidly through Acquisition & Greenfield Development • Minimal Direct Competition within a 3-mi Radius • Extremely Strong Sales Performance Location (Contact Broker for more Information) • Recently Constructed Location, and Club Car Wash’s latest Prototype Design • Oversized, 1.50+ AC Parcel providing potential future upside • Direct Ingress & Egress Access to a 40,000+ CPD roadway • Extremely Affluent Nearby Demographics with Average Household Incomes of $304,000+ within a 3-mi Radius of the Site • Provence Bee Cave: Nearby Master-Planned Community ° Recent $126M investment to expand to 1,600 homesites • Surrounding Mult-Family & Apartment Developments: ° Pearl Bee Cave – 318 apartments & 4 townhomes ° The Artesian at Bee Cave - 349 Unit Multi-Family development ° The Village at Spanish Oaks – Mixed-use development with 300 multi-family units approved • Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash improvements (contact for more info) ° “Big Beautiful Bill” included the reset of bonus depreciation to 100% for 2025 and beyond • Austin-Bergstrom International Airport: 29-min Drive ° 21M+ Passengers in 2025 • Austin MSA: #4 Largest MSA in Texas ° #1 Fastest-Growing Major Metro in Texas ° #1 Best State Capital to Live in (WalletHub, 2026) • No State Income Tax: Attractive for any out-of-state investor

FOR SALE DETAILS

PRICE

$6,470,000 USD

PRICE/SF

$1,228 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Club Car Wash Sale-Leaseback

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

-

APN/PARCEL ID

01237803100000

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.