16954 Main st - Specialty FOR SALE


Hesperia, CA 92345
$2,667,000 USD
310-691-1350
16954 Main st, Hesperia, CA for Sale
$2,667,000 USD
Specialty - FOR SALE
1/8
null | 6% Cap Rate

16954 Main st
Hesperia, CA 92345


HIGHLIGHTS

  • Brand New 20-Year Corporate Absolute Triple Net Lease with High-Growth Operator
  • Strategically Located Pad Site to a Stater Bros Grocery Anchored Shopping Center
  • Quick Quack Recently Acquired for $850 Million by Global Investment Firm KKR
  • Prime Outparcel Location with Strong Retail Synergy - Outparcel to Midtown Square, a High-Performing, Grocery-Anchored Center
  • Brand New Car Wash in High-Demand Desert Market
  • Growing High Desert Market with Revitalization Momentum

OVERVIEW

Pegasus Investments Real Estate Advisory Inc., as exclusive advisor to seller, is pleased to present the opportunity to acquire a brand new Quick Quack Car Wash prominently situated within the Market Square shopping center in Hesperia, CA. Prominently located on a 0.87-acre outparcel within a top performing Stater Bros. grocery anchored center, the property benefits from strong visibility along Main Street and E Avenue, a prime shopping destination within the submarket. The Property is secured by a twenty (20) year absolute triple net corporate lease with Quick Quack Car Wash, featuring 10% rent increases every five (5) years, including during each of the four (4) 5-year renewal options. The parcel on which the property sits was thoughtfully redeveloped out of the former Kmart building at Midtown Square. The balance of the Kmart building has been leased to a leading national anchor tenant with a projected grand opening in 2026 (inquire with Pegasus for more details). Quick Quack Car Wash has quickly established itself as one of the nation’s leading express exterior-only operators, with over 280 locations across California, Texas, Utah, Arizona, Colorado, Oklahoma, and Washington. Backed by an $850 million minority investment from KKR in mid-2024, the company is executing a bold growth strategy through aggressive site expansion, increased brand visibility, and an industry-first employee equity program that now includes all ~4,200 team members. With 22 new locations added in just the first half of 2025 and dozens more in the pipeline, Quick Quack’s footprint continues to grow as it scales its efficient, environmentally friendly wash model nationwide. The Quick Quack pad is located at Midtown Square, a regional retail center anchored by Stater Bros. and complemented by national brands such as Starbucks, Wingstop, US Bank, Subway, Little Caesars, KFC, Sizzler, and Cold Stone Creamery. The Property is strategically located in the nearest established commercial retail corridor to Silverwood, a transformative 9,366-acre master-planned community currently under development in Hesperia. Silverwood has already broken ground and finalized site plans, with its first 646 solar-equipped homes, priced from the mid-$400,000s to $700,000s, and scheduled for delivery in early 2026. Upon full buildout, the community will encompass 15,663 homes and an array of lifestyle amenities including parks, trails, village greens, and a clubhouse with pickleball courts, all centered around a “kindness pledge” ethos for residents. This proximity positions the Property to directly benefit from the significant population growth and consumer demand generated by Silverwood’s phased delivery over the coming years. These coordinated efforts support the city’s vision for cohesive commercial growth and help serve a rapidly expanding population, projected to exceed 175,000 residents by 2030. Strategically positioned in the High Desert along the heavily traveled I-15 corridor, Hesperia is both a fast-growing community and a vital pass-through hub for regional traffic, including freight and tourism. I-15 handles more than 220,000 vehicles per day, many en route to Las Vegas, Victorville, or California’s mountain destinations. Continued infrastructure improvements, including widened interchanges and Brightline West’s proposed high-speed rail station, further underscore Hesperia’s emerging role as a critical commercial gateway.

FOR SALE DETAILS

PRICE

$2,667,000 USD

PRICE/SF

$741 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quick Quack Car Wash

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

NC

APN/PARCEL ID

0410-142-61

ASK ABOUT THIS PROPERTY

David ChasinPegasus InvestmentsMore Info
310-691-1350

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David ChasinPegasus InvestmentsMore Info
310-691-1350

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