$9,784,000 USD
949-431-2735
16602 El Camino Real
Houston, TX 77062
Clear Lake
HIGHLIGHTS
- • Brand new 2024 construction: Tommy’s latest prototype design
- • Minimal competition within a 3-mi radius of the Car Wash
- • 23,000+ cars drive in front of this car wash every day
- • Adjacent to Valero Gas Station & Kroger for additional synergy & daily traffic
- • Dense nearby population of 178,000+ within a 5-mi radius
OVERVIEW
Single-Tenant Tommy’s Express Car Wash:
° Private equity backed, rapidly growing franchisee
° Absolute NNN Lease, zero landlord responsibilities
° 19+ year Lease term with four, 5-year options
° 2.00% annual increases for the first four years
• About Tommy’s Express:
° 260 locations with 60+ coming soon
° #7 largest express car wash platform in the nation
° 50+ years in the car wash business
° #1 car wash on Franchise 500’s List
FOR SALE DETAILS
PRICE
$9,784,000 USD
PRICE/SF
$1,593 USD /SF
CAP RATE
7.2%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tommy's Express Car Wash
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
-
APN/PARCEL ID
1162910000001
ASK ABOUT THIS PROPERTY
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949-431-2735
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Please correct the highlighted field(s).
949-431-2735
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
