24129 Boerne Stage Rd - Car Washes FOR SALE


San Antonio, TX 78255
$7,540,946 USD
858-373-3184
24129 Boerne Stage Rd, San Antonio, TX for Sale
$7,540,946 USD
Car Washes - FOR SALE
1/9
null | 6.5% Cap Rate

24129 Boerne Stage Rd
San Antonio, TX 78255


HIGHLIGHTS

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.5% Annual Rental Increases Throughout the Initial Term and Options.
  • High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System.
  • 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via Accelerated Bonus Depreciation.
  • Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Strategic Alliance with ClearWater Express Wash.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
  • Affluent Trade Area Supported by $162k+ Average Household Incomes and Strong Residential Growth. Surrounded by High Income Communities.

OVERVIEW

BlueWave Express Car Wash | 20-Year Absolute Net Lease | 100% Bonus Depreciation | 1.5% Annual Increases | Affluent Trade Area: $162k+ Average HHI | I-10 Corridor Location | Northwest San Antonio Growth - Highly Desirable Trade Area | Internet Resistant and Recession-Proof Investment | Near Major Employers | Strong Daytime Population | High Traffic Location

FOR SALE DETAILS

PRICE

$7,540,946 USD

PRICE/SF

$2,346 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

35,981 SF

ZONING

C-2 S

APN/PARCEL ID

16391-002-0150

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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