21315 TX 130 - Car Washes FOR SALE


Pflugerville, TX 78660
$5,723,370 USD
407-808-1657
21315 TX 130, Pflugerville, TX for Sale
$5,723,370 USD
Car Washes - FOR SALE
1/4
null | 6% Cap Rate

21315 TX 130
Pflugerville, TX 78660


HIGHLIGHTS

  • 20-Year Sale-Leaseback
  • Absolute NNN – No landlord management obligations
  • Fixed rental increases throughout the entire lease including options
  • This location has been in operation for just about 4 years and is performing extremely well
  • Very experience operator with 46 locations and expanding aggressively
  • Texas has NO STATE INCOME TAX

OVERVIEW

CBRE is pleased to present the exclusive listing for the Rapid Express Car Wash located at 21315 TX-130 in Pflugerville, TX. The site consists of 4,600 total square feet of building space and sits on 1.28 acres of land. The site will be subject to a 20 year sale-leaseback with Rapid Express Car Wash. Starting in year one, the base rent shall be $343,402. The lease will call for 1.50% annual rental escalations during the base term and throughout the (4) five-year renewal option periods (40 year total term). The subject property is extremely well located due to it’s highway visibility, rapid market growth, and strong demographics. Positioned directly on TX-130, a major tollway that carries heavy commuter and regional traffic, the site captures both daily local drivers and through-traffic heading into the Austin metro. Pflugerville itself is one of the fastest-growing suburbs of Austin, fueled by new residential developments, industrial expansion, and rising household incomes—all of which translate into more vehicles and higher demand for recurring car care. The area’s family-oriented demographics, with multiple cars per household, align perfectly with membership-based wash models.

FOR SALE DETAILS

PRICE

$5,723,370 USD

PRICE/SF

$1,244 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rapid Express Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

R

APN/PARCEL ID

921620

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

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