29150 Central ave - Retail FOR SALE


Lake Elsinore, CA 92532
$3,545,000 USD
844-585-7684
29150 Central ave, Lake Elsinore, CA for Sale
$3,545,000 USD
Retail - FOR SALE
1/5

29150 Central ave
Lake Elsinore, CA 92532


HIGHLIGHTS

  • Brand-New Construction, Corporate Super Star Car Wash
  • 20-Year Absolute NNN Ground Lease; Corporate Guaranty
  • 10% Increases Every 5 Years During the Base Term and Each of the Option Periods
  • Super Star Car Wash Has 115+ Locations Across Arizona, California, Colorado, and Texas
  • In 2021, TSG Consumer Partners, a Leading Private Equity Firm, Acquired a Majority Stake in Super Star Car Wash
  • The Property Is Part of a New Stater Bros Market Anchored Retail Development: Co-Tenants Include 7-Eleven, Dutch Bros Coffee, and Pollo Campero

OVERVIEW

20-Year Absolute NNN Ground Lease | 115+ Unit Multi-State Operator Full Corporate Guaranty | Pad to New Stater Bros Market-Anchored Center | Located within Regional Retail Corridor (13M Combined Annual Visits, Placer.ai)

FOR SALE DETAILS

PRICE

$3,545,000 USD

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super Star Car Wash | Lake Elsinore, CA

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bill AsherHanley Investment GroupMore Info
844-585-7684

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Bill AsherHanley Investment GroupMore Info
844-585-7684

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