309 E Crossroads Blvd - Car Washes FOR SALE


Saratoga Springs, UT 84045
$9,011,700 USD
949-942-6585
309 E Crossroads Blvd, Saratoga Springs, UT for Sale
$9,011,700 USD
Car Washes - FOR SALE
1/3
null | 8% Cap Rate

309 E Crossroads Blvd
Saratoga Springs, UT 84045


OVERVIEW

• Single-Tenant Tommy’s Express Car Wash: ° Private equity backed, rapidly growing franchisee ° Absolute NNN Lease, zero landlord responsibilities ° 20-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 washbusiness ° #1 car wash on Franchise 500’s List • Franchisee expanding rapidly in Houston & Salt-Lake City • Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash improvements (contact for more info) ° “Big Beautiful Bill” includes the reset of bonus depreciation to 100% for 2025 and beyond

FOR SALE DETAILS

PRICE

$9,011,700 USD

PRICE/SF

$1,737 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tommy's Express Car Wash - Saratoga Springs

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,272 SF

ZONING

-

APN/PARCEL ID

66-919-0004

ASK ABOUT THIS PROPERTY

Scott ReidParaSell, Inc.More Info
949-942-6585

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Scott ReidParaSell, Inc.More Info
949-942-6585

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